Processing Center AzeriCard announces acquiring cards Visa payWave.
Visa payWave technology allows you to pay for goods and services at the box office in a matter of seconds: the holders of Visa payWave cards is enough to bring the card to the terminal, equipped with contactless payment technology admission.
Thanks to technology VISA Pay Wave AzeriCard partner banks to offer new retail and service businesses to accept contactless cards, with which customers can not waste time searching for the right coins and bills, sign the check or enter a PIN.
Pay Wave technology provides many benefits to merchants. It simplifies the payment process allows you to serve customers faster, reduce queues at the sales rooms and business spending on cash transactions, which in turn helps to increase customer loyalty.
In the near future AzeriCard also plans to complete all work on the introduction of contactless cards VISA Pay Wave.-15D--
Economics
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On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
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Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
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Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
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Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
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