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Azerbaijani bank plans to introduce Apple Pay payment solution soon (Exclusive)

Finance Materials 29 August 2024 23:10 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 29. AccessBank plans to introduce an Apple Pay payment solution soon, the chairperson of the Board of Directors of AccessBank Davit Tsiklauri told Trend.

“AccessBank launched Google Pay in August 2024, and next month will launch Apple Pay, which we have already successfully tested. The delay in the implementation of these payment solutions was due to the transition to a new processing center, which we successfully completed. Immediately after that, we started working on the integration of these services, and now we are ready to offer them to our clients,” he noted.

The Chairperson of the Management Board emphasized that AccessBank is constantly striving to improve convenience for its customers, especially business customers, who make up a significant part of the customer base.

“For instance, in the coming month, we plan to roll out an update that, while not an entirely new product, represents a significant improvement to our current services. Now our customers will be able to see in the app the available credit limits they can apply for. Thanks to automation and scoring models, we can determine, for example, that a customer with or without current credit is eligible for a certain amount of credit. This information will be available to customers directly in the mobile application, and they will be able to apply to the bank for the allocation of the specified amount in one go,” he mentioned.

According to him, the bank's customers will be able to get personalized offers based on their financial behavior and history.

“If a customer is interested, he can press a button, after which we will quickly check his current data and, if everything is in order, offer to sign documents to obtain a loan,” Tsiklauri added.

To note, Visa's senior director and regional manager of Visa in Azerbaijan, Nurlan Hajiyev, told Trend that Visa is actively working on expanding the list of Azerbaijani banks connected to Apple Pay and Google Pay.

The senior director of Visa also reminded that currently 14 Azerbaijani banks are connected to Apple Pay and have passed the relevant certification, and 16 to Google Pay.

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