12:32 - 14.02.2025

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February 14, Fineko/abc.az. The revision of the requirements for additional types of activities of organizers of non-bank payment services - electronic money and payment organizations - is one of the important factors of future innovative development.

ABC.AZ informs that Ruslan Talibov, chairman of board of the Azerbaijan Association of Fintech, made this statement at the Azerbaijan Financial Forum in Baku.

He noted that enabling these organizations to act as technical service providers in areas that are not considered attractive to banks, but to which fintech can respond more flexibly, could lead to a more diversified development of the payment market.

"Digital solutions in the field of financial inclusion, one of the fundamental principles of innovative development, should be applied in a more effective form," he said.