Bank Of Baku

IBA decreases tariffs on plastic cards

IBA decreases tariffs on plastic cards
# 10 January 2012 14:34 (UTC +04:00)
Baku. Vahab Rzayev – APA-Economics. From January 9, new tariffs of International Bank of Azerbaijan on plastic cards came into force. According to bank’s press service, the tariffs on Visa Classic, Visa Gold, Visa Platinum, MasterCard Gold, MasterCard Platinum, Visa Business-MasterCard Business and Visa Business Gold cards were decreased.

Thus, the prices were decreased by 60-170% depending on types and terms of cards.

According to bank, it had 1.858 mln active plastic cards at eth end of 2011. Number of transactions conducted via cards made 19.7 mln, amount – AZN 2.8 bln. The bank operates 629 ATMs, 65 kiosks and 3,757 POS-terminals.,
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