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VISA offers Turkmenistan cooperation to uplift non-cash payments

Finance Materials 6 December 2023 16:10 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, December 6. The VISA has offered Turkmenistan cooperation in the development of non-cash payments, Trend reports.

This was announced by the company's Government Engagement Director, Zhanna Dyussenbina, at the US-Turkmenistan Business Forum held in Ashgabat.

According to her, the US multinational company would like to increase the number of customers using digital services by providing high-tech solutions, resources, POS terminals for making payments, and opportunities for making payments between entities through the VISA system.

At the same time, payments should be made not only within the country but also abroad, she said, speaking at the forum.

Meanwhile, non-cash payments in Turkmenistan are carried out through the Central Bank's payment system as well as through intrabank payment systems for settlements between divisions of one bank.

The number of bank cards issued in Turkmenistan by the beginning of November this year reached 5.46 million, showing an increase compared to the same month in 2022 (5.35 million units).

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