(MENAFN- Trend News Agency ) Baku, Azerbaijan, April 25
By Ilkin Shafiyev - Trend:
Azerbaijan's PASHA Bank intends to actively develop digital banking, which will become a key tool for servicing clients representing small and medium-sized businesses (SMEs). One of such digital banking solution is Tacir network, Alexander Golovko, Director of the Bank's SME Department told Trend.
He said this goal will be served by an innovative Tacir Kart product – a corporate card that allows automation of VAT administration and other useful solutions for business.
"This product is our next step in the development of banking services for our customers. The Tacir card will ensure the security and efficiency of business transactions and efficient cash management. The Bank sets a goal for the development of digital banking, which is why our customers can also be confident in the continuous development and improvement of the Tacir Kart product," Golovko said.
"The advantages of the solution offered by PASHA Bank for clients are the reduction of operating costs and risks while working with cash, improving the efficiency of the settlement process, improving the efficiency of cash management," Golovko said.
He added that through Tacir Kart, suppliers can offer customers discounts and implement their own loyalty programs to increase sales and more efficiently manage the working capital.
"The solutions offered by PASHA Bank contribute to the development of the supplier-distributor-Bank ecosystem and the transition to a digital format where all processes are fast, safe and comfortable. This initiative fits perfectly into the overall strategy of the state to encourage non-cash payments," Golovko said.
It should be noted that Tacir Kart is a card that allows paying all business expenses to legal entities, as well as to persons engaged in entrepreneurial activities without establishing a legal entity. Tacir Kart allows cardholders to make non-cash payments in shopping and service centers, payments via the Internet, as well as withdraw cash from banks and ATMs in Azerbaijan some 200 other countries.
PASHA Bank has been operating in Azerbaijan since 2007 and is a member of PASHA group of companies – a large investment holding company in Azerbaijan, which is also widely represented in such sectors as insurance, construction, production of building materials, tourism, and other areas of business.
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