The Central Bank of Uzbekistan discussed with UnionPay the expansion of cooperation and the introduction of new innovative types of services

    Finance 3 December 2024 263

    The Central Bank of Uzbekistan held a meeting with a delegation headed by Liu Hang, Vice President of the international payment system UnionPay, at which they discussed the company's activities in the country, the results achieved and plans for the future.

    Representatives of the company provided information about their intentions to expand their activities in the country and introduce new innovative types of services, including the development of online payment systems, expanding payment options using QR codes and further strengthening integration with local banks.

    In addition, taking into account the expanding economic ties between China and Uzbekistan, as well as the tourism potential of our countries, the possibilities of creating favorable conditions for consumers by expanding cooperation with national payment systems were considered.