Azerbaijan doubles contactless transactions limit
The Central Bank of Azerbaijan has raised the limit for all contactless card transactions and contactless ATM withdrawals in the country from 50 manats (US$29.40) to 100 manats (US$58.80)... More
The Central Bank of Azerbaijan has raised the limit for all contactless card transactions and contactless ATM withdrawals in the country from 50 manats (US$29.40) to 100 manats (US$58.80)... More
Apple, Samsung contactless payment systems to appear in Azerbaijan — Trend News Agency — “Apple Pay and Samsung Pay payment services will appear in Azerbaijan in 2019, head of business development and digital payment department of MasterCard Hakan Tatlici told Trend.”
A new mobile payments system is to begin undergoing tests in Azerbaijan this month, according to Azernews... More
As Azerbaijan moves towards non-cash payment from its current predominantly cash-based economy, some 86% of residents of capital city Baku say they would like to carry out contactless payments with their phones. Abc.az reports that research conducted by MasterCard, which is introducing its PayPass system in the country, also found that 31% would like to see contactless payment built into watches while 26% would like pay-by-touch bracelets... More