Revolutionizing Digital Payments in Azerbaijan: Visa is leading the charge in expanding the reach of Apple Pay and Google Pay in Azerbaijani banks, as senior director Nurlan Hajiyev reveals. Despite tokenization being introduced in Azerbaijan just a few years ago, the country has already surpassed many others in adopting contactless payment methods, with every fifth non-cash transaction utilizing this technology.
Currently, 14 Azerbaijani banks are connected to Apple Pay and 15 to Google Pay, showcasing the rapid progress in digital payment integration. With Apple Pay entering the market in 2021 and Google Pay following in 2022, Azerbaijan is on a path toward greater financial inclusion and technological advancement.
Visa, a global leader in digital payments, aims to unite the world through innovative, secure payment solutions. As Azerbaijan continues to embrace digital payment methods, Visa remains committed to fostering partnerships and driving economic prosperity in the region.
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