First Internet payment system to be unveiled in Azerbaijan next month

First Internet payment system to be unveiled in Azerbaijan next month
# 24 November 2008 15:09 (UTC +04:00)
Baku. Elnur Huseynguluev - APA-Economics. SilverKey Technologies Azerbaijan plans to unveil the first Internet payment system – GoldenPay in Baku on December 2.
The company said this would be a significant step towards the introduction of e-commerce in the country.
GoldenPay is certified by Visa International and MasterCard and meets 3d Secure standards.
Besdies, GoldenPay has a e-security certificate from VeriSign, Inc. The new system will pave the way for the introduction of e-shops and electronic bill services in Azerbaijan.
SilverKey Technologies Azerbaijan has been in operation in Azerbaijan for two years as a representative of the US-based SilverKey Technologies.
SilverKey Technologies in Azerbaijan is one of the five SilverKey offices globally. It was set up in September 2006 with a mission to accelerate the use of e-Life in Azerbaijan.
SilverKey Technologies Global was formed in 2003 in Chicago. In a short period of time, SilverKey has expanded from the United States to Eastern Europe, the Middle East, and Asia.
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