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Azerbaijan Launches the New Digital Payment Platform

 Kamala Gurbanova, Director of the Payment Systems and Settlement Department, Central Bank of the Republic of Azerbaijan

Aligned with one of the main goals of the State Program, the CBA developed the Instant Payment System (hereinafter—IPS), which successfully launched on October 1st, 2020. The main rationale behind this initiative is to respond to the most recent challenges…

Oct 22, 2020 Read more

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