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Azerbaijan takes lead in contactless payments in region - Mastercard

Economy Materials 26 April 2024 10:49 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, April 26. Azerbaijan is the leader of the region in the context of contactless payments, regional manager of Mastercard in Azerbaijan Emil Zeynalov said during the press conference, Trend reports.

“Azerbaijan is the leader of the region in the context of contactless payments. The share of NFC payments in Azerbaijan has exceeded 30 percent, which also confirms the status of a leader in the region,” he said.

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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