TASHKENT, Uzbekistan, May 15. Mastercard and
UZCARD have signed a memorandum of understanding aimed at
developing digital payments in Uzbekistan, Trend reports via
Mastercard.
The document was signed in Samarkand on the sidelines of the
59th Annual Meeting of the Asian Development Bank.
The cooperation is focused on expanding payment acceptance
infrastructure, developing cross-border transactions, launching
fintech initiatives, and introducing modern payment solutions.
Particular attention will also be paid to cybersecurity, fraud
prevention, and further development of cashless payments in
Uzbekistan.
