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Turkmenistan’s Halkbank introduces new digital service

Finance Materials 31 August 2020 09:50 (UTC +04:00)

BAKU, Azerbaijan, August 31

By Jeila Aliyeva - Trend:

Turkmenistan’s Halkbank State Commercial Bank is introducing a new Halkbank Terminal digital service, Trend reports with reference to Neutral Turkmenistan newspaper.

Halkbank Terminal is a mobile application that facilitates the service of non-cash payments and accepts payments for goods and services, make refunds, as well as view the payment history and others.

As it was reported earlier, the work is underway to introduce digital technologies into Turkmenistan’s banking sector.

The introduction of digital technologies into the banking sector of the country will expand the range of banking services and the capabilities of the national payment system provided to customers, as well as increase the competitiveness of credit institutions.

In general, the country's financial sector is constantly expanding. In particular, mobile applications are being introduced to pay for various services and goods, the number of non-cash payments is increasing, and payment for goods and services is being implemented through banking terminals.

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Follow the author on Twitter: @JeilaAliyeva

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