AI will summarize what happened, why it matters and what it means for business.
According to a statistical bulletin published by the Central Bank of Azerbaijan (CBA), as of the end of July this year, 82.914 million transactions totaling 4.738 billion manats were conducted through MasterCard cards issued by resident financial institutions in Azerbaijan (including payment cards of statistical units).
Furthermore, CBA data show that compared to July of the previous year, the number of transactions increased by 4.82 million (6.2%), while their volume decreased by 424 million manats (8.2%).
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The essentials in one minute
BeforeJuly last year
previous indicator of MasterCard transactions recorded
Now
The CBA published statistics on MasterCard operations for July: 82.914 million transactions totaling 4.738 billion manats.
Next
Further monitoring of transaction dynamics is expected, with potential impact on banks' strategies.
Who is behind this story
MA
Finance
Mastercard
A global payments company and card-network operator.