Unibank has successfully passed PCI Data Security Standard (PCI DSS) requirements for 2016 and has been awarded the PCI DSS certificate. PCI DSS is one of the best security standards …
Read More »IBA service “Pension+” stimulates growth in non-cash payments
The International Bank of Azerbaijan (IBA) has adopted a new initiative to support retirees. The ‘Pension+’ program allows IBA pension cardholders to receive a loan of up to AZN 100. …
Read More »Azerbaijan to delay VAT implementation on electronic payments
The Financial Markets Supervision Chamber (FMSC) and the Azerbaijani Ministry of Taxes have agreed that commercial banks will postpone the implementation of a VAT charge in e-commerce operations for one …
Read More »“Pay as you drive” car leasing program launched in Poland
Poland’s Idea Bank has launched the world’s first ‘pay-as-you-drive’ car leasing model. The “Happy Miles” model calculates payments for leased cars based on the distance a car travels. A GPS …
Read More »Samsung Pay has been launched in Russia
On the 29th of September 2016, Samsung Electronics launched its payment service – Samsung Pay, in Russia. At the moment the service is already present in USA and South Korea …
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