"Azerbaijan ranks in top places in the world over the 5 years due to the growth rate of card payments," says the report of the Mastercard Institute of Global Economy 2023 Retail Trends, APA-Economics reports.
"According to the analysis of the Mastercard, in the last 5 years, Azerbaijan ranks in the top places in the world over the 5 years due to the growth rate of card payments. The most obvious indicator of this is the increase in the share of card payments in household consumption from 5% to 25%," reads the reports.