Non-cash payments for January totaled AZN 2.647 million

The growth of payment cards in 2023 had positive impact on the volume of non-cash payments.

banks.az reports, referring to the CBA, that the volume of non-cash transactions within the country has doubled compared with January 2022.

This January, the non-cash payments made using cards amounted to AZN 2.647 bn.

AZN 2.017 bn of non-cash payments accounted for e-commerce. Of the remaining amount, AZN 627 million were sold through POS-terminals, and AZN 2.6 million through self-service terminals.

In January, the non-cash domestic transactions with payment cards made up 52.4% of domestic card transactions.