(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 29. Visa laid the
foundation for the launch of Apple Pay and Google Pay cashless
payment solutions in Azerbaijan in 2019, Regional Manager in
Central Asia and Azerbaijan at Visa Nurlan Hajiyev said during an
event on the topic 'Fintech in Azerbaijan - today and tomorrow',
According to him, the launch of these cashless payment solutions
became possible due to the launch of tokenization.
'Visa was confident that this would contribute to the launch of
Apple Pay and Google Pay in Azerbaijan. Today a number of banks are
continuing to work on this. Furthermore, Visa launched the cashless
purchase of train tickets running on the Baku-Sumgait route. The
relevant infrastructure has been installed at 14 stations of the
Absheron Circular line. It's planned to expand this initiative to
other routes,' Hajiyev said.
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