Baku, Azerbaijan, May 10
By Anvar Mammadov - Trend:
The total turnover on payment cards via ATMs and POS-terminals in March 2016 amounted to 1.096 billion manat or by 3.6 percent less than in the same period of 2015, the Azerbaijani Central Bank's report as of Jan.-March 2016 says.
As of May 10, the official exchange rate is 1.5094 AZN/USD.
The total number of transactions is 7.31 million or by 4.3 percent less for the year, according to the CBA report.
The number of transactions on debit cards equaled 6.45 billion units totaling 954 million manat for the reporting period.
Of the total number of transactions, 4.81 million transactions amounting to 842 million manat were implemented on debit cards via ATMs within the country, and around 373,000 transactions amounting to 63 million manat via POS-terminals.
As much as 869,000 transactions worth 143 million manat were made on credit cards for the period.
Of the total number of transactions on credit cards, 183,000 transactions worth 52 million manat were implemented via ATMs and there were 267,000 transactions worth 38 million manat via POS-terminals.
The number of payment cards in Azerbaijan decreased by 10.1 percent in March and hit 5.43 million units compared to the same period of 2015.
Of the total number of cards, 4.65 million units were debit cards, in particular, 2.44 million - social cards, 1.52 million - salary cards, 693,000 - other cards. The number of credit cards was 780,000.
As of April 1, 2016, as many as 2,560 ATMs operated in the country of which 1,421 are located in Baku and 1,139 in other cities and regions of the country. Their total number decreased by 73 units or 2.8 percent for the year compared to March 2015.
The number of POS-terminals amounted to 75,563 units of which 43,476 are installed in Baku and 32,087 units in other cities and regions as of late March 2016.
The number of POS-terminals has decreased by 2068 units or 2.7 percent for the year.
