This collaboration with Visa will serve as the foundation for the issuance of Visa cards and the implementation of additional payment solutions through the Visa Direct platform. The latter enables fast domestic and international transfers, broadening the payment options available to TBC customers and enhancing their capabilities for online shopping, conducting international transactions, and money transfers.
TBC UZ plans to issue Visa cards, which will allow customers to make seamless online purchases, including on international platforms like Amazon.
Furthermore, the cards will be convenient for use both within the country and abroad.
TBC UZ customers will also gain access to loyalty programs, such as cashback and other bonuses. Visa cards will be integrated into the existing digital ecosystem of TBC Uzbekistan, which includes products like Payme — a payment application for individuals and small businesses, as well as Payme Nasiya, which offers installment payment services.
The General Director of TBC Uzbekistan, Nika Kuridiani, noted: “The partnership with Visa is an important step towards providing innovative and convenient financial services in Uzbekistan. The launch of new Visa products within TBC Uzbekistan will expand our customers' capabilities in payments and transfers, ensuring safe and convenient ways to manage finances both domestically and internationally. We strive to provide a top-notch digital banking experience, and this collaboration emphasizes our commitment to innovation and meeting customer needs.”
Evgeny Lisnyak, Senior Director and Head of Strategic Partnerships at Visa for Ukraine, Georgia, CIS, and Southeast Europe, added:
“We are excited to collaborate with TBC in Uzbekistan, the most populous country in Central Asia, where there is a high demand for modern digital financial services. Like TBC, we have been operating in this country for a long time, and we are pleased that this partnership will provide access to new Visa and Visa Direct products for millions of people, expanding their capabilities for international and domestic payments.”