Note that, currently, approximately 94-95% of operations conducted by plastic cards, fall to share of cash withdrawal. According to Guliyev, first of all, we are talking about a significant reduction in this high figure, unsatisfying CBA. At present, the country has about 5 million plastic cards, but can not achieve any positive results only by increasing the number of cards. Therefore, the CBA is taking some planned measures for the development of non-cash and restricted cash payments.
In addition, Guliyev said that although the share of cash in the money supply significantly decreased compared to previous years, it is still at a high level. Note that, this figure is 65-68%, which is much higher than in developed countries. Guliyev noted that due to the measures for the development of non-cash and limit cash payments, it is expected significantly reduce this figure and bring it closer to the number of the developed countries.
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