Sign up for The Paypers newsletter Follow The Paypers on LinkedIn Follow The Paypers on Twitter Follow The Paypers on Facebook
The Paypers, paypers, Insight in payments, News, Reports, Events
 advertisement
Payments General

Central Bank plans to introduce instant payment system in Azerbaijan

Friday 8 March 2019 | 11:19 AM CET

The Central Bank of Azerbaijan has announced plans to introduce a system of instant payments in the country.

The director of the payment systems and settlements department of the CBA Kamala Gurbanova stated that the first stage of the instant payment system will be implemented by the end of 2019. Thanks to this system, individuals will be able to make payment without any cards by using a mobile number registered in the CBA, she added.

Moreover, she noted that this system will help to make payment within a few seconds and save time.

More: Link
 advertisement
 advertisement
 advertisement
 advertisement