BAKU, Azerbaijan, May 28. The number of payment
cards in circulation in the systems of banks and Azerpost LLC by
the end of April increased by 215,000 compared to the previous
month, and made up 20.6 million.
The data obtained by Trend from the country’s Central Bank shows that this
indicator increased by 17 percent compared to the same period of
last year. The number of debit cards in the payment system
increased by 19.5 percent, while the number of credit cards
decreased by 0.1 percent. The increase in the number of payment
cards had a positive impact on the volume of non-cash payments.
Thus, the volume of domestic non-cash transactions for the month
increased by 1.5 times compared to the same period last year. The
volume of domestic non-cash payments made with the use of cards in
April 2025 amounted to 9.3 million manat ($5.4 million). Of the
non-cash payments made, 8.07 million manat ($4.7 million) fell on
e-commerce. Of the remaining amount, 1.2 million manats ($710,000)
were processed through POS terminals and 4.5 million manats ($2.6
million) through self-service terminals.
Since the beginning of the year, the volume of non-cash domestic
transactions with the use of payment cards amounted to 67.1 percent
of the volume of domestic transactions with the use of cards.
Dynamic growth is observed in the payment service networks of banks
and Azerpost LLC. Thus, compared to the end of April last year, the
number of ATMs increased by 7 percent, and the number of POS
terminals – by 39.5 percent.
