Baku 26° C
Mastercard: Limit on contactless payments in Azerbaijan increased to 100 manat
Finance
- 03 March, 2021
- 08:17
"In Azerbaijan, the limit of unencoded payments with contactless plastic cards has been doubled," Erdem Chakar, MasterCard's manager for Azerbaijan, told Report at an online press conference.
According to Chakar, during the pandemic, this figure was 100 manat, as agreed with the Central Bank of Azerbaijan and commercial banks.
"A contactless card user can also pay 1,000 azn without contact. But in this case, you need to dial a password for an amount of more than 100 manats. I want to note that the current indicator is higher than the current figure in Turkey," he said.
Author
Latest News
14:39
Romanian MFA: South Caucasus potential can be fully unlocked under conditions of peace
Region14:29
EU approves €23B state aid program for Italy's renewables
Energy14:25
INSEE: France faces demographic decline after 2037
Other countries14:09
Papuashvili: Path to Azerbaijan–Armenia peace vital for Georgia
Region14:05
EU Enlargement Commissioner Marta Kos plans to visit Armenia
Region14:01
IATA Vice President: Azerbaijan needs a clear aviation strategy — EXCLUSIVE
Infrastructure13:45
Trump demands that Israel and Iran immediately halt escalation
Other countries13:40
Six people injured in attack in New York
Other countries13:29
Photo