UniBank may become Visa full member
The Board of directors of the International Visa International payment system will view the issue of the UniBank status changing, from the associated member to its full one, the regional manager for CIS countries at the Moscow office Svetlana Gorbelidze told Trend. According to her, for today among 15 banks members of the Visa International payment system in Azerbaijan only three banks (International Bank of Azerbaijan (NBA), Capitalbank and Azerdemiryolbank) are its full members.
Meanwhile, only NBA and Capitalbank received the license for acquiring (accepting cards at the POS-terminals). As Gorbelidze noted, the banks which circulation makes 5-10 % of the plastic cards total market may be admitted to performing such operations.
Accordingly, only two banks may actively participate in implementation of the presidential decree On additional measures related to implementation of the State Program on the payment system development. Installation of POS-terminals during two years at the 30,000 trading centers is planned within the non-cash settlements development. NBA ordered 5,000 terminals which the bank plans to place during 2006. The major part of them has been already installed in Baku.