Why do payment terminals have difficulties with new banknotes?

12:58 - 12.04.2021


April 12, Fineko/abc.az. The Central Bank reacted to the information that appeared in the press in recent days that payment terminals of non-bank payment service providers do not accept new banknotes in denomination of 1, 5 and 50 manats.

It is reported that in order to adapt the money systems operating in the country (ATMs (cash machines), payment terminals, money accounting and processing systems, etc.) to the updated banknotes, as early as 20 October 2020, all commercial banks and non-bank payment service providers were informed and provided with appropriate banknotes.

By Elmir Murad

 

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