MasterCard negotiates with Azerbaijani SMEs to expand their cooperative

BAKOU, Azerbaijan, November 23

By Sadraddin Aghjayev – Trend:

MasterCard is negotiating with Azerbaijani SMEs to expand cooperation, MasterCard Azerbaijan representative Erdem Chakar told Trend on November 16.

According to Chakar, MasterCard is ready to offer exclusive solutions to Azerbaijani retailers, distributors and gas stations.

“One of the main solutions we can offer Azerbaijani SMEs is the Tap to Phone solution (a technology for accepting payments from contactless cards and mobile wallets using a device equipped with an NFC chip). This solution is ideal for courier and taxi services and The introduction of Tap to Phone will allow an entrepreneur to start accepting payments from any contactless card or mobile wallet from their NFC enabled device. ”Said Chakar.

Chakar added that the Tap to Phone solution does not require additional hardware. It can be used anywhere and no point-of-sale terminal is required to ensure fast and convenient payment acceptance.

“The introduction of this solution to the Azerbaijani market will provide further integration of business solutions such as invoicing, revenue management and transparent reporting,” noted Chakar.

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