Alif, Mastercard enter into a long-term agreement to facilitate development of non-cash payments in Tajikistan

Alif Bank announces the beginning of a long-term cooperation with the international payment system Mastercard and the start of card issuance beginning on April 3.  The agreement reportedly opens up new prospects for the development of financial services in Tajikistan, providing Alif customers with expanded opportunities for non-cash transactions both within the country and abroad.   […]

Asia-Plus

Alif Bank announces the beginning of a long-term cooperation with the international payment system Mastercard and the start of card issuance beginning on April 3.  The agreement reportedly opens up new prospects for the development of financial services in Tajikistan, providing Alif customers with expanded opportunities for non-cash transactions both within the country and abroad.   You can order the card here: https://alf.tj/mastercard.

“This cooperation will allow us to offer our customers even greater opportunities for non-cash payments, money transfers and multicurrency transactions, opening up new alternatives for comfortable travel and international shopping.  We are proud that we can contribute to the development of digital financial technologies and providing residents of our homeland with access to global financial services,” says Ms. Gulanor Atobek, the chairperson of Alif.

Mr. Marsel Gumirov, Director for Work with Mastercard Customers, for his part, noted, “Cooperation with Alif opens up new horizons for the development of Mastercard’s activities in Tajikistan.  We are pleased to bring our global experience and technology to the partnership that contributes to the development of the digital economy and increasing financial inclusion in the region.”  

“Together with Alif we will continue to work to provide residents of Tajikistan with wider access to non-cash payments, provide them with more and more modern payment instruments and bring the digital future closer,” he added.   

Alif notes that this agreement has marked the launch of a series of initiatives aimed at simplifying financial transactions for Alif customers: issuing Mastercard cards starting from April 3, 2024; integration with Alif Mobi; and handling multi-currency transactions.   

This partnership reportedly confirms Alif’s commitment to making a significant contribution to the development of digital financial services in Tajikistan and contributes to the creation of an innovation ecosystem.

According to Alif, the efforts are aimed at economic development and improving the quality of life of clients, reflecting a key role in shaping the future of the country's financial environment.   

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