Coverage of Instant Payments System keeps expanding

23-09-2024

23 September 2024, Baku: The Central Bank continues its efforts to expand the coverage of the Instant Payments System (IPS) and enhance the range of digital solutions available to users.

As a result of the latest successful initiative, the mobile application of PASHA BANK OJSC now allows transfers using the IPS. This functionality enables PASHA Bank OJSC customers send money to any IPS-registered customer easily and within seconds via mobile numbers or PIN codes. Additionally, users who register their accounts with the IPS through the mobile app can receive transfers from customers of PASHA Bank OJSC and other banks using mobile numbers or PIN codes.

We would like to remind you that customers of the banks integrated with the IPS can register their bank accounts with the IPS, link their accounts to simple identifiers (mobile number, PIN, e-mail) to create AniPAy ID, and make instant payments 24/7/365 using Internet and mobile banking services.