Government Payment Portal Transactions Surge by 55% in Azerbaijan

The Central Bank of Azerbaijan has released its digital payments review, revealing a remarkable 55% increase in transactions conducted through the government payment portal (HIP) in 2023. According to the report, a staggering 6.9 million transactions, valued at 131.8 billion Manats, were processed via the portal during the year. The surge in transaction volume represents a significant uptick compared to the previous year, with transaction numb...

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