BAKU, Azerbaijan, February 10. The Central Bank
of Azerbaijan (CBA) has held discussions with Visa on the
development of the country’s digital payment ecosystem, Trend reports, citing the
CBA.
During the meeting, CBA Chairman Taleh Kazimov met with Visa’s
Senior Vice President for the CIS and South and Southeast Europe
region, Cristina Doros. The talks focused on recent regulatory
changes in the payments sector, strategies to prevent fraud, and
modern approaches to enhance the security of payment systems and
cross-border transfers.
Participants also exchanged ideas on modernizing Azerbaijan’s
payment infrastructure, advancing the digital payment ecosystem,
and implementing innovative solutions to strengthen financial
technology in the country.
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