Bank Of Baku

POS-terminals network sharply widens in Azerbaijan’s capital

POS-terminals network sharply widens in Azerbaijan’s capital
# 12 October 2011 15:05 (UTC +04:00)
“If above 2,000 POS-terminals have been installed on Baku before the last 6 months, now this number exceeds 13,000”, said Minister of Taxes Fazil Mammadov.

To him, this increase is not related only with the holding of Eurovision-2012. Remind that, flow of foreign tourists is expected during this contest. And this issue made actual more the installation of POS-terminals.

Mammadov noted that these works were carried out in accordance with the president’s order on stimulation of cashless calculations: “Special scheme for the installation of POS-terminals has been affirmed. Firstly, the center of Baku, then all its territory, surrounding districts, and thereupon all the regions of the republic will be provided with POS-terminals”.

According to the minister, this process will go on and concern the cash registers in future as well: “Because, every 5-6 years, cash registers get old and need to be changed, renewed”.
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