On June 25, 2024, Firdavs Tolibzoda, Chairman of the National Bank of Tajikistan, held a meeting with the delegation from the USA Commerce Council, which is currently visiting the Republic of Tajikistan for business purposes. While talking, the parties discussed the outcomes of their collaboration over the past 30 years since Tajikistan gained independence, and looked ahead to future possibilities for cooperation.
The Chairman of the National Bank of Tajikistan spoke about support of USA projects and technical assistance for a new automated banking system meeting world modern requirements in insurance control sector, cooperation with the Volunteer Corps for financial services development and improving the CLPC/FT/FPWMD system, enhancing financial stability and access to services, implementing IFRS, quality assessment of internal audit and risk management, and noted that foreign, including the USA capital in Tajik credit financial institutions authorized capital, as well as opening of the USA bank branches in Tajikistan can boost economic ties between the two nations.
Mrs. Elena V. Son, as Executive Director of the USA Commerce Council, thanked for the warm reception and affirmed the delegation's dedication to advancing commerce and investment ties between the USA and Tajikistan.
At the end of the meeting, Google Pay officially launched its non-cash payment system service network in Tajikistan with participation of the NBT leadership, representatives of the banking system, the USA Commerce Council, as well as some American companies.
It is important to mention that Google Pay is effective in countries with developed non-cash payment systems, and Tajikistan is now the 74th country to offer this service. This system enables transactions to be completed in business and service establishments using Android smartphones that have NFC technology. Payment card holders can securely and conveniently make cashless transactions without needing to use their cards. Google Pay serves as a technological bridge only connecting the payment card holder with the point of sale and services, while all monetary transactions are completed via international payment systems.
OJSC "Alif Bank" in Tajikistan has become the first to successfully join the Google Pay system, allowing customers to link their Visa cards and make non-cash payments at POS-terminals of trade and service establishments. Several more credit and financial institutions that are part of the global payment networks Visa and Mastercard are anticipated to soon provide non-cash transactions via Google Pay.
Press Division
NBT
Views: 6584
25.06.2024
