A delegation of the Chamber of Commerce and Industry of the Republic of Abkhazia, headed by its president Tamila Mertskhulava takes part in the XX International Trade Fair (VIETNAM EXPO HCM 2022), which is held in one of the most economically powerful southern regions of Vietnam - Ho Chi Minh City.
SUKHUM / AQW'A -- Deputy Prime Minister, Minister of Economy Christina Ozgan spoke about the implementation of the Investment Program for Assisting the Socio-Economic Development of the Republic of Abkhazia at an expanded government meeting chaired by President Aslan Bzhania.
SUKHUM / AQW'A -- "The national payment-system, continuing its work aimed at expanding the geography of accepting national payment cards APRA ‘World’, as well as in the course of cooperation with JSC ‘National Payment-Card System’, has carried out a pilot industrial operation of cross-system operations in the Republic of Turkey" – as reported on the website of the Bank of Abkhazia.
As part of the pilot-operation of cross-system actions, authorisations, clearing and settlements were successfully conducted for transactions carried out in the terminal network of the two largest banks in Turkey - İş Bank and Ziraat Bank.
The acquiring network ‘Is Bank’ numbers about 6,500 ATMs and 400,000 points for accepting bank-cards. The terminal network ‘Ziraat Bank’ has 7,200 ATMs and about 500,000 points that accept bank-cards.
Today, APRA "World" cards are accepted on the territory of the Russian Federation, the Republic of Belarus, the Republic of Uzbekistan, the Republic of Armenia and the Republic of Turkey.
SUKHUM / AQW'A -- In June 2019, the Abkhazian payment-system APRA began servicing bank-cards of the Russian payment-system Mir; since October, it has been possible to use the APRA card to make payments in Russia, as well as at any point where Mir cards are served.
SUKHUM -- “Holders of Russian cards made transactions to the tune of one billion 887 million roubles ($24m) in Abkhazia from August to September,” Beslan Baratelia, Chairman of the National Bank of Abkhazia, said.
Compared to the same period in 2019, the number of transactions increased by 20.1%.