Azerbaijan’s AtaBank to implement innovation for cardholders

Azerbaijan’s AtaBank to implement innovation for cardholders
16:55 17-05-2018 | icon 18

Baku, Azerbaijan, May 17

By Azad Hasanli – Trend:

Azerbaijan’s AtaBank customers will be able to pay for their purchases by using only a smartphone soon, rather than payment cards, Etibar Babashli, First Deputy Chairman of AtaBank’s Board, said.

Babashli made the remarks in Baku May 17 at the press-conference on the presentation of AtaNet mobile application.

Presently, the clients of the bank who downloaded AtaNet app receive a virtual card. Its functionality is planned to be expanded in the future.

So, the mobile application with this card will read the QR-code on the bill and the amount for the purchases will be deducted from the card. Thus, there will be no need to use cards for making payment through POS-terminals.

Functioning since 1993, AtaBank is a hi-tech universal bank from Azerbaijan with hundred percent local capital. The bank renders a full range of services to corporate and private clients through 31 affiliates and branches in Baku and regions of the country.

Follow the author on Twitter: @AzadHasanli

Follow Trend on Telegram. Only most interesting and important news