Cash by Code through MobilBank system appears in Azerbaijan

ICT Materials 30 January 2013 15:20 (UTC +04:00)

Azerbaijan, Baku, Jan. 30 / Trend /

The first time in Azerbaijan the processing center AzeriCard offers a new service "Cash by Code" through "MobilBank", which allows to get money from ATM without plastic card, using only mobile phone, the International Bank of Azerbaijan said today.

Due to this service, plastic card owners get an opportunity to send money in any currency to persons who don't have any plastic card or they can take cash from ATM using their "MobilBank" service. To use this service the plastic card owner enters the "MobilBank" system on his mobile, in main menu selects "Cash by Code", selects currency and enters a sum to be transferred. The system creates a special code. The "MobilBank" user can take cash from the ATM using this code or in any convenient and safety way passes this code to the recipient. The recipient enters code at the ATM and gets money without using plastic card.

This service is realized in the frame of "Mobile Wallet" project carried out by AzeriCard processing company for the first time in Azerbaijan. Along with such services as utility payments, balance, statement, card block, card transfer, Cash by Code the "Mobile Wallet" project suppose goods and services payments via mobile phones in the physical point of sales.

To become "MobilBank" user you can download application to your mobile phone at www.azericard.com/?p=13 or find it at Google Play and Apple Store.