Azerbaijan

mkt_az
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Manat-denominated bank accounts, cards and instant-payment infrastructure serve Azerbaijan’s roughly 10.2 million residents in 2025. The domestic system adds account-to-account options alongside card acceptance, giving digital providers several ways to connect users and merchants.

Alpha-3:AZE
NUM:031
Population
10M
GDP
$76B
GDP per Capita
$7K
GDP Growth
1.4%
Deepdive

World Bank, World Development Indicators (WDI), 2025

Cash in Azerbaijan

Cash remains useful at Azerbaijan's small shops and eateries, even as acceptance of card payments expands in cities. Manat cash machines are concentrated in cities, leaving a gap between urban digital choice and rural cash access.

ATMs (PER 100K)
44.2
BANKS (PER 100K)
6.5
DEBIT CARDS (PER ADULT)
2.5
CREDIT CARDS (PER ADULT)
0.3
Compare

IMF, Financial Access Survey (FAS), 2025

Payment Methods

Estimated Monthly Usage, Aurato Research, October 2026

Schemes

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Systems

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PSPs

Compliance

Standards