Baku 19° C
54% of transactions on Azerbaijan's Gov't Payment Portal are non-cash
Finance
- 15 March, 2021
- 10:52
Add Report.az to preferred Google sources
Stay up to date with the top news!
In 2020, the total volume of payments made in Azerbaijan through the Real Time Gross Settlement System (AZIPS), as well as the Low-Value Payments Clearing and Settlement System (LVPCSS), amounted to 223.4 billion manats, and the number of transactions was 59.8 million, Report informs, citing the Central Bank of Azerbaijan (CBA).
The Government Payment Portal (GPP) collects payments for more than 800 services. Last year, the total volume of transactions in the GPP amounted to 3.3 billion manats, and 54% of these transactions were non-cash.
The volume of non-cash transactions rose by 22% compared to 2019.
Author
Azərbaycanda ötən il Milli Ödəniş Sistemində 60 milyon əməliyyat aparılıb
В Национальной платежной системе Азербайджана выполнено 60 млн операций
Latest News
08:09
Georgian PM receives four Central Asian Foreign Ministers
Region
07:57
16 killed in magnitude-7 earthquake in China's Tibet
Other countries
07:45
Europa League: Armenia's Ararat, Norway's Lillestrom thrashed in round 3
Football
07:37
Azerbaijan objects to UN Special Rapporteur on freedom of religion or belief
Foreign policy
23:59
Türkiye to sue Meta
Region
23:44
Azerbaijan and Ecuador's Central University discuss cooperation
Foreign policy
23:18
Putin says Russia and Ukraine could reach an agreement
Region
23:09
Zelenskyy says there is no personal animosity between him and Trump
Other countries
22:59
Azerbaijan seeks to expand interparliamentary cooperation with Estonia
Foreign policy