Volume of e-trade sharply increases in Azerbaijan

Volume of e-trade sharply increases in Azerbaijan
# 05 December 2019 14:40 (UTC +04:00)

During January-October of this year, the electronic trade (e-trade) operations in the amount of AZN 2 298 mln. were implemented in Azerbaijan by means of bank cards (debit and credit), "APA-Economics" reports based on the calculations conducted on the basis of the indicators published by Central Bank of Azerbaijan (CBA).

The volume of e-trade has increased almost twice as compared with the same period of the last year.

The electronic trade operations with the value of AZN 1,970 mln. have been implemented by means of debit cards and with the value of AZN 328 mln. – by means of credit cards. Correspondingly, the growth by 2.3 times and 3% has been recorded as compared with the same period of the last year.

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THE OPERATION IS BEING PERFORMED