28 February 2020, Baku: The Central Bank of the Republic of Azerbaijan with the support of Visa International is starting a national country scale promo ‘Pay with Visa and earn’ lottery covering various strata of the population from 1 March 2020 onward to boost public interest in digital payments, instill digital payment habits and expand cashless payments.

The stimulating lottery will cover March and April respectively. Over the period every cardholder conducting minimum an AZN5 (five) worth of cashless operation with Visa payment cards issued by Azerbaijani banks in POS-terminals of economic agents across the country will automatically get the right to participate in the lottery, i.e. each transaction over AZN5 will get one chance.

Lottery prize amount is AZN100 (one hundred) and each draw will be credited to the winner’s card after the circle. All Visa payment cards, including pension, salary and student cards will participate in the lottery. Total 300 persons are planned to be winners over the lottery lifetime.

For more detailed information about the lottery please go to the official website of the Central Bank. Communication and customer service staff of Visa card issuing banks have been instructed accordingly. Also, Visa International and the Azerbaijan Banks Association are the partners of the Central Bank in communication of the lottery.

The lottery is held to promote cashless payments among the population, shape cashless payment habits in economic agents and increase cashless circulation in the economy as part of the assignments to the Central Bank by the State Program on expansion of digital payments in the Republic of Azerbaijan for 2018-2020 approved by Decree # 508 of the President of the Republic of Azerbaijan dated 26 September 2018.

The Central Bank is planning to maintain promo campaigns of the kind in the year to come too.