BAKU, Azerbaijan, January 30. The number of ATMs in Azerbaijan as of the end of December 2024 amounted to 3,304 units (6.17 percent growth compared to the same period in 2023).
Data obtained by Trend from the Central Bank of Azerbaijan (CBA) indicates that there were 1,772 ATMs in Baku (9.32 percent growth) and 1,532 in regions (2.75 percent growth) at the end of December 2024.
The number of POS terminals installed in trade and service facilities in the republic reached a whopping 119,540 units, which is a significant increase of 38.38 percent compared to the same period in 2023. In the meantime, Baku saw the installation of 71,770 POS terminals (28.77 percent growth), while other regions saw the installation of 46,490 POS terminals (58.54 percent growth).
Retail trade objects hosted a total of 117,310, or 98.13 percent, of all POS terminals during the reporting period. The number of POS terminals accepting contactless payments at the end of December 2024 amounted to 116,760 units (an increase of 39.7 percent).
To note, a total of 3,112 ATMs were functioning in Azerbaijan at the end of 2023, of which 1,621 were in Baku and 1,491 were in other regions of the country. The number of POS terminals at the end of 2023 amounted to 83,584 units.