Non-cash payments increased by 33% in Azerbaijan

Baku. 13 February. REPORT.AZ/ Last year non-cash payments made via POS terminals in Azerbaijan reached 527 mln AZN, which is 131 mln AZN or 33.1% higher than the same indicator of previous year.

Report informs referring to Central Bank of Azerbaijan (CBA).

According to report, non-cash transactions via ATMs amounted 329 mln AZN, featuring 9 mln AZN or 2.7% drop in annual comparison.

Thus, total amount of non-cash payments via cash machines and POS terminals in 2016 was 856 mln AZN, which is 122 mln AZN or 16.6% higher in annual comparison.