Azerbaijan doesn’t lag behind global fintech trends; this industry continues to develop in the country, Chairman of the Public Association “Azerbaijan Fintech Association” Ruslan Talibov said at the Baku Fintech Forum-2023, Report informs.
“The share of non-cash transactions in Azerbaijan reached 54%. Over the eight months of this year, the country recorded a turnover of non-cash payments in the amount of $56 billion, of which about 90% was carried out through debit cards,” Talibov noted.