Azerbaijan develops state program to promote non-cash payments

The Azerbaijani Central Bank (CBA) has prepared a state program to promote non-cash payments. It will cover 2012 to 2016, CBA official Alim Guliyev told media today.

"The package of proposals to promote non-cash payments in Azerbaijan was prepared and submitted to the government," he said. "One proposal is to prepare a special state program. CBA has prepared the final version of the program and agreed it with the banking sector and a number of bodies." He stressed that ensuring the effective use of electronic payment systems and expanding the legal framework will be the primary objectives of the state progra.


/Trend/