Non-cash payments up 33% in Azerbaijan

Between January and August of this year, cashless payments amounting to AZN 696 million were carried out in Azerbaijan via POS terminals. This represents a 33% increase (AZN 173 million) as compared to the same period of 2016. In August, cashless payments at POS terminals increased by 8% (AZN 5 million) and reached AZN 69 million. The volume of non-cash payments made via ATMs in August also increased by AZN 1 million (4%) and reached AZN 25 million.