BAKU, Azerbaijan, July 7. Relations between Visa and local banks in Azerbaijan are getting stronger and expanding, Vice President and Regional Manager of Visa in Central Asia and Azerbaijan Cristina Doros told Trend in an interview.
According to her, Visa in Azerbaijan works with all participants of the financial market.
"The public and private sectors, fintechs and other partners have their own specifics, but they all play an important role in the development and movement of the market forward. The outstanding banks introduce Visa technologies and use them to provide their customers to ease their transfers and payments" she said.
“In addition, in partnership with banks, we can implement solutions that make the lives of individuals and legal entities, entrepreneurs easier and safer from the point of view of making payments," she added.
"Visa is aimed at developing convenient and secure payment methods, introducing innovations and effective cooperation with the partners of the financial market in Azerbaijan. The good news is that even older generations who once were keen physically visiting banks to conduct banking operations are increasingly choosing convenient online solutions and digital payments," Doros said.
Meanwhile, Visa started its work in Azerbaijan in 1997 and has established relations with almost all financial sector partners, both public and private, both small and large enterprises. Moreover, Visa is actively implementing payment technologies in the transport sector in Azerbaijan.