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Azerbaijan's Unibank eyes switching to new payment authorization method

ICT Materials 1 October 2022 13:56 (UTC +04:00)
Azerbaijan's Unibank eyes switching to new payment authorization method
Sadraddin Aghjayev
Sadraddin Aghjayev
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BAKU, Azerbaijan, October 1. Azerbaijan’s Unibank is expected to switch to a new payment authorization method in the upcoming days, the Head of the Digitalization Department of Unibank Sattar Kazimov told Trend.

According to Kazimov, ensuring information security is one of the priority directions for the bank’s development.

“We have taken numerous measures to combat cyber incidents, as well as developed and implemented information security systems,” he said. “We are keeping up with the times and our clients shouldn’t worry about any possible fraud and cyber attacks.”

The head of the department noted that the bank has its own processing center, which complies with the PSI DSS (Payment Card Industry Data Security Standard).

"We’ll leave the usual 3D Secure for the ability to confirm payments from a mobile application. This method minimizes the possibility of intercepting SMS messages and fraudulent actions, because only the client and the bank are participants of the process," added Kazimov.

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