Azerbaijan lifts volume of domestic payments via POS terminals

TheCyprus


Baku, Azerbaijan, March 21. The number of
domestic payments made through POS terminals in Azerbaijan amounted
to 56.9 million, and the volume reached 1.05 billion manat ($620
million) in January 2025.

Data obtained by Trend from the Central Bank (CBA) indicates that the
number grew by 13.8 million units or 32 percent, and the volume –
by 122 million manat ( $71.8 million) or 13.1 percent compared to
the same period of 2024.




Meanwhile, of the total number of domestic payments made through
POS terminals in Azerbaijan, 55.3 million units and 1 billion manat
( $590 million) were carried out contactless, representing an
increase of 13.7 million units or 32.9 percent in number, and 134
million manat ( $78.7 million) or 15.4 percent in volume year on
year.

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