From cards to QR codes: The structural shift in Azerbaijan’s payments market shown by the numbers

Mastercard transaction volumes are rising while the average ticket is falling; AZQR is beginning to reshape payment infrastructure around a single national standard Azerbaijan’s latest payments-market statistics, though seemingly contradictory at first glance, point to a notable trend: payments are being made more often but in smaller amounts. This is an important indicator that strengthens the case for a structural change in cashless-pa...

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