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Mastercard sets goal to enhance digitalization of payments in Azerbaijan

Economy Materials 26 April 2024 11:13 (UTC +04:00)
Mastercard sets goal to enhance digitalization of payments in Azerbaijan
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 26. Mastercard has set a goal to enhance the digitalization of payments in Azerbaijan, General Manager of Mastercard for Türkiye and Azerbaijan Avsar Gurdal said during the press conference, Trend reports.

"Our main goal is the digitalization of the economy. Mastercard has set a goal to increase the digitalization of payments in Azerbaijan. To achieve this goal, we strive to simplify the issuance of cards by using digital acquisitions and digital cards," he explained.

To note, Mastercard is an international payment system that provides financial services, including credit, debit, and prepaid cards. It allows its holders to make cashless payments at millions of points of sale around the world. Mastercard also provides technology solutions for banks, merchants, and other financial institutions. Mastercard cards are accepted in many countries and are used for a variety of transactions, including in-store purchases, online transactions, ATM cash withdrawals, and other financial transactions.

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