Azerbaijan’s initiative to improve the country’s cards and payments infrastructure is going strong and now MasterCard is set to introduce its contactless payment technology PayPass.
Hakan Akar, regional manager of MasterCard in Azerbaijan, told local website abz.az:
“We work with banks of Azerbaijan to make fast, convenient and secure MasterCard PayPass technology to become available to residents of Baku this year, and the results of the study show that it will be regarded positively. We also continue developing our payment systems to provide customers with the best service – convenient and secure.”
The government is also continuing to work on its e-gov portal.
On 18 April, the Central Bank of Azerbaijan reported that its president has signed a decree “on some measures to organise e-services of Public Institutions” as part of the government’s drive to cut back on corruption and increase transparency in payments.
The government is working on an electronic payments portal that processes payments on an internal information system by the country’s General Treasury “to ensure collection of taxes, duties, fines and penalties and other budget payments through the wide infrastructure of the National Payment System throughout the country and a relevant process is successfully under way,” it said on its website.
The first phase, which moved the collection of taxes and fees onto the ePay Portal, has been achieved. Now, the government is in the process of uploading tax payer data from the cities of Baku, Sumgayit and Ganja, and the regions of Absheron and Khachmaz onto its central data base.
Registered consumers from those areas can now initiate payments from 40 banks and 1,200 payment posts at the Azerbaijani post office (Azerpost), online at http://www.apus.az/ or on the Internet Tax Office of the Ministry of Taxes.
The Azerbaijani government uses 90 economic classification codes, which are identified by the system, in order to cut back on payment errors.
Next, the government will integrate the information systems of the Ministry of Internal Affairs, The State Customs Committee, The State Social Protection Fund and other state, although it is still unclear when exactly the next phase will commence.