AzeriCard processing center in conjunction with MasterCard International, the International Bank of Azerbaijan and World Telecom is a new service " Mobile payment " for cardholders MasterCard.
As stated in the IBA , with the help of this service, cardholders will be able to perform fast and secure payments with additional settings in MobilBank in their mobile phones without using a POS terminal.
The technology of mobile remote payment is being launched in many European markets , and is now finally available in Azerbaijan. Mobile payments join a credit or debit card with every major smartphone platform (Android, iPhone, Blackberry, etc.), turning it into the virtual payment or purchase. The advantages of this solution will provide convenient and safe payment from a mobile device, avoiding the cash payment, the expectations when entering the PIN- code or a possible error. -15D -
Economics
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The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
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Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
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Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
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The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
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