Azerbaijan prepares a state program on expansion of digital payments 2018-20

13:16 - 1.11.2017


The Central Bank of Azerbaijan (CBA) has developed the State Program on expansion of digital payments.

CBA First Deputy Chairman Alim Guliyev has stated that the program for 2018-20  has been made jointly with specialists of the Institute of Economics of the National Academy of Sciences of Azerbaijan.

"The strategic goal of the Program is to promote the importance of the transactions conducted by the method of noncash payment, to minimize the scale of cash payment, broadening the base of financial resources of the banking sector and reduce the costs of cash turnover," Guliyev said said.

 

 

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