Zagatala Treasury Moves to Automated Payments

The Local Treasury of the Zagatala district (411 km from Baku) with the eighth of October goes to an automated payment system from a centralized information system for mass payments of the Central Bank of Azerbaijan (APUS - Automated Payment Utility Service), said in a statement the Ministry of Taxes of Azerbaijan.

Work in this direction is to develop electronic payment systems, expanding the construction of automatic accounting, operational data, gain control and effective use of funds in the state budget.

Through integration with the central bank clearing system, payments will be made in real time.

Today, APUS is connected to the system 58 structures, including 46 financial institutions that can accept payments on these services in its branches a total of more than 1.7 thousand. The system is loaded with information on more than four million subscribers, and the number of registered users has reached 64 thousand.

The monthly pass through more than two million payments is an average of 42 million manat. According to statistics, since the launch of the system more than 53 million payment transactions have been carried out. -17D-