IBA-Moscow plans to join an international payment system MasterCard as a participant. In 2005 the Bank received a status of associated member at the international payment system VISA International, Trend reports.
Presently the Bank is carrying out active issue of own VISA cards, which are served by the Processing Center Azericard. In 2006 a total of 5,500 cards have been issued. At the same time a network of cash vending machines and POS-terminal is also expanded.
IBA-Moscow is a daughter of the International Bank of Azerbaijan (IBA), which is the first and only bank functioning in Russia with 100% Azerbaijani capital.