JSC Accessbank, served in MilliKart became a principal member of MasterCard and got a license to EMV chip cash acquiring (ATM, bank branches ), EMV chip retail acquiring, e-commerce acquiring, EMV chip issuing .
As reported in MilliKart becoming a member of MasterCard bank had the opportunity to take to service international MasterCard cards in their cash terminals , branches. In addition , traders and other items of customer service, which cooperate with the bank will be able to accept international cards MasterCard. All terminals of the bank support JavaScript EMV chip, which increases the safety of operations .
License to conduct transactions on the Internet with enhanced security through technology 3D-secure (MasterCard Secure code) will also expand the scope of the bank. -15D -
Economics
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As 2024 comes to a close, Azerbaijan finds itself at a crossroads—holding a prominent position in certain sectors of the global economy but still grappling with issues that hinder broader socioeconomic development. From energy exports to logistics corridors, the country has carved out a niche, yet cracks in its socioeconomic fabric are becoming harder to ignore. Let’s delve into the numbers and listen to expert opinions on Azerbaijan's global standing.
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Azerbaijan began the new year with significant hikes in gas, electricity, water, and medication tariffs, sparking widespread concern among citizens over the financial burden on households. While officials defend the measures as necessary for economic sustainability, critics warn of challenges tied to stagnant wages and pensions.
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As of January 1, Europe has ceased contract-based transit of Russian gas through Ukraine. Kyiv announced it would not renew agreements to traffic gas from the "aggressor nation" through its territory. The decision marks a pivotal moment in Europe’s efforts to reduce reliance on Russian energy, a dependency that supplied nearly 50% of the continent’s gas imports before the war in Ukraine.
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Azerbaijan's Tariff Council has approved a decision to regulate the maximum wholesale and retail prices of registered medicines, with the new pricing caps coming into effect on January 2, 2025.
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