Azerbaijani Banks Activate Work with International Payment Systems
Azerbaijan, Baku, 3 July / Trend corr. I.Khalilova/ Azerbaijani banks activated work to apply the cards of international payment systems Visa International and Master Card. According to processing center Azericard, which 100% owner is the International Bank of Azerbaijan, Azerbaijan Credit Banki and AtaBank want to become the affiliated members of Master Card, while Pasha Bank and SilkWay bank (former Azal Bank) - of Visa International. Promoter of the banks is the International Bank of Azerbaijan.
Texnika Bank was admitted as a full member of Master Card, while Parabank and the only regional Ganja Bank were admitted as affiliated members of Visa.
From the banks served through Azericard, Standard Bank, Azerigazbank, AtaBank and Bank Respublika changed their statuses. Now they are the full members of Visa.
Out of 29 banks which have switched to Azericard, only Kovsar Bank, Aurasia Bank, Deka Bank, SilkWay, PashaBank, Azerbaijan Credit Banki and GunayBank are not represented in any of the payment systems.
On 3 July, exchange rate totaled 0.8093 AZN/USD.
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