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Central Bank together with VISA signed a memorandum of cooperation to develop digital payment infrastructure in Uzbekistan. And according to the memorandum, the parties intend to help expand the network of electronic payments by introducing new digital payment products.

As part of the memorandum, the parties intend to work with local banks to tokenize card credentials to ensure the security of mobile and electronic payments.

SOME STATISTICS:

VISA is currently one of the largest companies in the field of e-commerce, and that is why the cooperation between the Central Bank and VISA will give a positive result both for the foreign economy and increase the security of digital payments, which will greatly affect the state and the end consumer.

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