Uzbekistan to introduce instant payment system
BAKU, Azerbaijan, Feb. 21
By Ilkin Seyfaddini – Trend:
The Central Bank of Uzbekistan has developed the system of instant payments "Anor", which allows making interbank money transfers between legal entities and individual entrepreneurs in real time, Trend reports with the reference to the Central Bank of Uzbekistan.
The system will work 24/7. The system "Anor" is built on the basis of Web-services technology with the use of electronic digital signature, which allows making round-the-clock interbank payments on the basis of the payers' payment instructions using remote banking systems.
"Thus, it eliminates the need to visit the bank office, and the funds received to the recipient's account through this payment system become available at the time of their receipt for further payments," said the Central Bank.
Testing of this system, which involves a number of commercial banks including Hamkorbank, Trustbank, Mortgage bank and Turkistonbank, was initiated by the Central Bank in late 2019. Trial operation was launched on February 18, 2020. In the first two days, more than 1,000 payments worth almost 20 billion soum ($2,1 million) have already been made through the system.
In February-March of this year, it is planned to connect other banks of the country to the pilot project of the system "Anor" in stages.
Earlier Russian Sberbank connected all mobile operators of Uzbekistan to its payment system.
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