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Discover all the payments and fintech-related news and analysis about Azerbaijan in The Paypers News, Reports, along with other Azerbaijan-specific insights on the payments and fintech industry:

Discover all the payments and fintech-related news and analysis about Azerbaijan in The Paypers News, Reports, along with other

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Visa and Azerbaijan collaborate in digital banking sector

News | Cards | 05 Jan 2022

Global payments processor Visa has announced it supports the Azerbaijani SMEs businesses through their transition towards a cashless era and the use of financial technologies.

Visa, SMEs, cashless, financial inclusion, digitalisation, expansion, contactless payments

Mastercard to develop QR payments in Azerbaijan during 2021

News | Online Payments | 04 Mar 2021

Mastercard has announced that it will be developing QR payments in Azerbaijan during 2021.

Mastercard, QR code, online payments

Millikart selects Compass Plus to transform its processing business

News | Online Payments | 17 Jun 2021

Azerbaijan-based payments processor Milikart has announced migrating all of its services to the open development payments platform TranzAxis, from Compass Plus.

product launch, contactless payments, partnership, online payments

Unibanks completes second stage of migration to TranzAxis

News | Payments General | 20 May 2020

Azerbaijan-based Unibank, has completed the second phase of migrating its payment infrastructure to the open development payments platform, TranzAxis, by connecting its in-house processing to Mastercard.

Unibank, TranzAxis, Azerbaijan, payments , MasterCard, network, TranzAxis Fraud Management, cards, data

Bank Respublika, Portmanat partner for Open Banking payments

News | Online & Mobile Banking | 04 Jan 2022

Azerbaijan-based Bank Respublika has enabled its clients to make payment transactions through the Portmanat electronic wallet system as part of an Open Banking project, according to interfax.az.

partnership, Open Banking, account-to-account payment, e-wallet

Asburn provides payment solution to Azer Turk Bank

News | E-invoicing, SCF & E-procurement | 27 Apr 2020

Azerbaijan-based bank Azer Turk Bank (ATB) has implemented TransLink.iQ solution from Lithuania-based Ashburn to manage and monitor EFTPOS networks.

Azerbaijan, Azer Turk Bank, Ashburn, eftpos, TransLink.iQ, Lithuania, network, transactions , payments , credit cards, security, France, Ingenico, bank

Central Bank of Azerbaijan adapts interbank payment system to ISO20022

News | Payments General | 11 May 2022

The Central Bank of Azerbaijan Republic (CBAR) has successfully completed switching its Azerbaijan Interbank Payment System (AZIPS) to the ISO20022 standard, according to azernews.az.

ISO 20022, central bank

Xalq Bank implements TranzAxis payments platform

News | Online & Mobile Banking | 30 Jun 2020

Azerbaijan-based Xalq Bank has launched the open development payments platform TranzAxis from Compass Plus

Xalq Bank, banks, TranzAxis, Azerbaijan, payments , Compass Plus, software, cards, technology, transactions , data, network