Share of instant payments in Azerbaijan to hit 80% by 2030

BAKU, Azerbaijan, May 27. The share of instant
payments in the total transactions of Azerbaijan's National Payment
System (NPS) is projected to reach 80% by 2030, Trend reports.

This is reflected in the “State Program on expanding financial
inclusion for 2027-2030” approved by the President of the Republic
of Azerbaijan, Ilham Aliyev.

According to the document, the Central Bank of Azerbaijan (CBA)
has been designated as the primary executing agency for this
initiative, with implementation structured to span the years 2027
through 2029.

The State Program outlines plans to integrate the digital
infrastructure channels of local payment service providers into the
IPS, alongside targeted public awareness campaigns to accelerate
user adoption.

The ultimate goal is to increase the share of instant payments
in the National Payment System's transactions to 80%, up from 6.4%
in the base year, the document said.