Azerbaijan to get universal mobile payment system

A new mobile payments system is to begin undergoing tests in Azerbaijan this month, according to Azernews. Azerpay “is expected to offer contactless and remote payment, money transfers, applying for loan, operations in POS-terminals, recharge of account, payment of utility services and many other advantages,” the publication reports. “Overall, more than 160 variations of payment services will be available at the time of the start of the system.”