Cashless payments in Azerbaijan will make 3% GDP in next 3 years

Finance
  • 04 November, 2016
  • 06:42
Cashless payments in Azerbaijan will make 3% GDP in next 3 years

Baku. 4 November. REPORT.AZ/ According to calculations, in next 3 years all the payments in Azerbaijan will be cashless, so that the costs arising from the use of cash will be reduced and it will be 3% of GDP.

Report informs regional manager of MasterCard in Azerbaijan and Turkey Yasemin Bedir said.

According to Y. Bedir, Azerbaijani market is very important for "Mastercard". "We hold discussions with Azerbaijani government to improve card payments in country and to develop strategic partnership towards cashless economy".