How is mobile banking developed in Azerbaijan? – STATEMENT


October 17, Fineko/abc.az. As in all spheres, digitalization is rapidly developing in the banking sector. The most advanced system of mobile banking is already used in many countries of the world. So, currently, people can make payments using a cell phone. It is possible thanks to the applications downloaded to cell phones.

What is the situation in this regard in Azerbaijan?

ABC.AZ reports that replying this question in broadcast ARB 24 of TV channel, Pasha Bank's director for digital products Sabina Gurbanova said that globally, most likely, in a few years, people will not need payment cards, and the market is already moving to that.

Gurbanova also commented the question about the level of mobile banking development in Azerbaijan: "Certain steps are being taken already in our country through Apple Pay. But we see that this is already possible through Android. Samsung Pay is open for this. In some countries, this is done through a QR code. It depends on how much the population is ready for it, how much it is enlightened and to what extent it needs that. The use of NFC technologies has recently begun in our country."

By Elmir Murad