2024-06-21 01:22:20
Visa is able to assist the event of non-cash funds in transport in Azerbaijan.
As Day.Az stories, Nurlan Hajiyev, senior director, regional supervisor of Visa in Azerbaijan, spoke about this in an interview with Development.
“We’ve got already applied a transport mission within the nation along with the Azerbaijan Railways, the Worldwide Financial institution of Azerbaijan and the Central Financial institution: we launched contactless funds on the Absheron ring railway, alongside the Baku-Sumgayit route, which incorporates 14 stations. At every of them, passengers pays for journey utilizing a cost card card, in addition to utilizing a cellphone, watch and cost ring,” shared the Visa regional supervisor.
In accordance with Nurlan Gadzhiev, this mission has change into probably the most profitable examples of the introduction of non-cash funds, which different nations are emulating.
“For the primary time within the area of South-Japanese Europe, the CIS, Ukraine and Georgia, we’ve got applied the Mobility & Transit Transaction (MTT) system. In the present day that is essentially the most superior cost answer within the transport sector. I wish to be aware that cities comparable to London and Vancouver, and we’re happy to introduce comparable applied sciences in Azerbaijan,” stated the senior director.
Nurlan Gadzhiev additionally emphasised that transport initiatives require the mixture and integration of varied components of the ecosystem, and Visa is open to cooperation with all market gamers and is glad to proceed sharing expertise and achievements on this space.
Notice that Visa (NYSE: V) is the world chief within the digital funds business. Visa processes cost transactions between shoppers, companies, monetary establishments and authorities companies in additional than 200 nations and territories. Visa’s mission is to attach the world via an revolutionary, handy, dependable and safe funds community to advertise client well-being and enterprise and financial prosperity.
Subscribe to our WhatsApp channel and keep updated with the primary information!