BAKU, Azerbaijan, October 19. Azerbaijan is open to new financial and financial technology companies, Executive Director at Central Bank of the Republic of Azerbaijan (CBA) Farid Osmanov told Trend.
According to him, CBA plays a role of an accelerator in attracting global payment companies to the country.
"CBA is in constant communication with PayPal and Samsung Pay. I would like to note that the current legislation of Azerbaijan does not prevent foreign financial organizations from entering the market. The decision to enter any foreign organization on the market is made directly by these organizations themselves in accordance with their strategy and business plans," Osmanov stressed.
He added that the Central Bank, together with partners, has done a great job of attracting such global payment solutions as Apple Pay and Google Pay to the country.
