2024-06-20 11:30:00
Visa is actively working to broaden the listing of Azerbaijani banks related to Apple Pay and Google Pay.
As Day.Az experiences, Nurlan Hajiyev, senior director, regional supervisor of Visa in Azerbaijan, spoke about this in an interview with Pattern.
“Tokenization was launched in Azerbaijan solely in 2019. Nonetheless, immediately the penetration of tokenized funds within the nation is noticeably greater than in lots of different international locations, together with those who launched this expertise earlier. We’re proud to notice that in the intervening time each fifth non-cash transactions in Azerbaijan (this consists of, for instance, funds utilizing bodily playing cards or on-line funds within the area of e-commerce) are carried out utilizing probably the most fashionable and superior methodology – contactless. It is a outstanding indicator,” stated Nurlan Hajiyev.
The senior director of Visa additionally recalled that 14 Azerbaijani banks are presently related to Apple Pay and have handed the suitable certification, and 15 to Google Pay.
“Azerbaijan has made a major leap on this course in a brief time period: Apple Pay got here to the nation in 2021, and Google Pay in 2022. In fact, we hope that the variety of related banks in Azerbaijan will proceed to develop. We’re happy to cooperate with numerous market gamers and We’re open to new partnerships,” he emphasised.
Word that Visa (NYSE: V) is the world chief within the digital funds business. Visa processes cost transactions between customers, companies, monetary establishments and authorities businesses in additional than 200 international locations and territories. Visa’s mission is to attach the world by an progressive, handy, dependable and safe funds community to advertise client well-being and enterprise and financial prosperity.
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