Azerbaijan sees 8% decline in transactions via foreigners' bank cards

In January-July 2023, the volume of transactions carried out by foreign citizens using bank cards in Azerbaijan amounted to 1.219 billion manats ($0.71 billion), down 5.4% from the previous year, Report informs, citing the Export Review presented by the Center for Analysis of Economic Reforms and Communication.

In July alone, the amount of transactions carried out by foreigners via bank cards amounted to 218.8 million manats ($128.7 million), 2.4% more than a year earlier.