MBA for First Time in Azerbaijan to Issue UnionPay Cards
International Bank of Azerbaijan (IBA) and one of the leading payment systems UnionPay International signed a partnership agreement.
The partnership provides for the adoption of ATMs and POS- terminals MBA card payment system UnionPay International, as well as for the first time in Azerbaijan began issuing cards with this payment system.
UnionPay International is the national payment system in China established in 2002 by the State Council for Countries and the People's Bank of China. UnionPay International ranked first in the world in the number of issued cards, and a second position in terms of turnover on the cards . The total emission of UnionPay cards in the world is more than 3 billion cards. Plastic cards issued by this payment system are accepted in 141 countries around the world. -15D -
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review