MiliKart completed the certification process of the technology MasterCard SecureCode and Verified by Visa (VbV), which provides secure payments online and is now available for banks and financial institutions.
Technology 3D Secure, introduced by MiliKart aims to protect against fraud and to ensure security of Internet payments. The principle of operation of this modern technology is that the identity of the client is made by the client through the "3D" password that is not indicated on the map and thus online payments are a safer way.
To use this service the customer first need to register your phone number in the service of his bank and registered on the 3D Sign up 3D set a password. After registering for payments in online stores a user entering a special "3D" password can successfully complete the process.
Due to the fact that the identification is based on three (3) Domain model of the technology is called 3D Secure. -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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