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Azerbaijan witnesses record surge in Visa card activity from non-resident institutions in 1Q2025

GenevaTimes by GenevaTimes
April 30, 2025
in Europe
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Azerbaijan witnesses record surge in Visa card activity from non-resident institutions in 1Q2025
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Economy
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30 April 2025 22:29 (UTC +04:00)

Azerbaijan witnesses record surge in Visa card activity from non-resident institutions in 1Q2025


In the first quarter of this year, transactions using Visa cards issued by non-resident financial institutions in Azerbaijan increased significantly. The number of transactions rose by over 111,000, or 22.6%, reaching 604,100, with a total transaction volume of 54.1 million manat, up by 7.4 million manat, or 15.8%, compared to the same period last year.

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