11:42 - 9.10.2025

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October 9, Fineko/abc.az. The Central Bank of Azerbaijan has presented Az-QR standard to the participants of the payment market.

ABC.AZ informs that CBA deputy chairman Vusal Khalilov made the relevant statement at the Baku Fintech Forum 2025 in Baku.

He noted that discussions had been held on this issue: "We believe that the introduction of the standard will be one of the important steps in the development of the sector. The main goal is to provide more inclusive services to citizens, so that every bank and every fintech organization can make payments in a QR code at any time through a mobile application. It will also make great contribution to development of an open payment system."