The money transfer system "Caspian Money Transfer" successfully completed the process of integration with the company "Milli Kart".
This integration provides the ability to send remittances to Azerbaijan by the CMT system directly on plastic card clients. This means that the client is not leaving the house, gets translated into a plastic card . At the initial stage, the service is activated only for cardholders of "Zaminbank".
The system "Caspian Money Transfer" was established in October 2007 as the first international money transfer system of Azerbaijan. Creator and clearinghouse system is JSC "Zaminbank".
Operations within the system take up to 5 minutes , and the commission is 1-1.5 % and is charged only with the sender. The total number of service points for today is about $ 200 million , covering 190 countries. Agents of the system are 24 of the 43 banks operating in the country . - 15B -
Economics
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Azerbaijan's consumer price index rose by 4.4% in November 2024 compared to the same month in 2023, driven by higher costs for food, beverages, and services, government data showed on Tuesday.
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