CBA announces plans to develop payment market

One of the main initiatives of the Central Bank of Azerbaijan (CBA) is modernisation of the regulatory framework of payment systems with the introduction of risk-based control.This was announced by СBA Director General Vusal Khalilov. He pointed out that the rise of digital payments is the top priority, adding that the CBA is modernising its infrastructure to support the growth, manage the increase in transaction volume and improve user intera...

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