BAKU, Azerbaijan, November 1. The largest processing center in Azerbaijan, Azericard, made 340 million successful transactions from January through September 2023, General Director of Azericard Farid Guliyev said at the 7th International Banking Forum (IBF-2023) in Baku, Trend reports.
"Azerbaijan is actively developing its payment sector, opening up new opportunities for growth and innovation in this field. The country is making efforts to modernize its payment systems, making it attractive for investments and technological startups. These steps place Azerbaijan at the forefront of financial technology in the region, providing a foundation for further economic growth and integration into the global financial system," he noted.
The VII International Banking Forum: Reliable, Safe and Sustainable Banking (IBF 2023) is being held in Baku from November 1 through November 2, 2023.
The event will also discuss topics such as neobanking and the financial ecosystem, financial technologies and trends, the evolution of payments, fraud prevention in the digital financial ecosystem, ESG banking, etc.
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