BAKU, Azerbaijan, September 10
By Jeila Aliyeva - Trend:
Turkmenistan’s State Commercial bank “Turkmenistan" has increased the amount of issued cashback from 0.5 percent to 3 percent, Trend reports with reference to Neutral Turkmenistan online newspaper.
The cashback has increased in connection with the 29th anniversary of Turkmenistan's independence and will continue throughout September.
The cashback is returned when using a bank’s Altyn Asyr card through cashless payment terminals installed by the bank in stores selling furniture and household appliances in the country.
As it was reported earlier, the work is underway to introduce digital technologies into the Turkmenistan’s banking sector.
The introduction of digital technologies into the banking sector of the country will expand the range of banking services and the capabilities of the national payment system provided to customers, as well as increase the competitiveness of credit institutions.
In general, the country's financial sector is constantly expanding. In particular, mobile applications are being introduced to pay for various services and goods, the number of non-cash payments is increasing, and payment for goods and services is being implemented through banking terminals.
---
Follow the author on Twitter: @JeilaAliyeva
