MilliKart processing сenter was founded and put into operation by the Central Bank of Azerbaijan Republic to create a healthy competitive environment and develop cashless payments in Azerbaijan, and, since October 2, 2006 continued its operation as a limited liability company. MilliKart proved itself as a serious and reliable market participant in several fundamental directions and has implemented numerous successful projects during past 13 years.
A meeting of General Assembly of "MilliKart" LLC was held on January 17th, 2019, chaired by Doghan Tandoghan, the Chairman of the Board of Directors of "Azərbaycan Sənaye Bankı" JSC. In the course of the meeting the Charter of the Company in the new edition, Regulations of the Board of Directors of the Company has been approved
A meeting of General Assembly of "MilliKart" LLC has been held on December 7th, 2018, chaired by Doghan Tandoghan, the Chairman of the Board of Directors of "Azərbaycan Sənaye Bankı" JSC. In the course of the meeting financial reports of 2017 was approved, the external auditor was selected in order to verify the accuracy of financial reports of 2018, the members of the İnspection Commission were elected
A memorandum of cooperation was signed between STEP IT Academy and MilliKart, leading company in the Information Technologies and Banking sector. The memorandum signed between MilliKart and STEP IT Academy creates new opportunities for constant development of education in the area of information and communication technologies, for holding various events in ICT sphere
On November 19, 2018, MilliKart has passed certification on compliance with PCI DSS 3.2 standards for the next one year. Audit was conducted by the Qualified Security Assessor in the payment card industry (PCI QSA) - CJSC “JET INFOSYSTEMS” which provides certification for compliance with security standards established by VISA, MasterCard, American Express, Discover and JCB.
“MilliKart” LLC turned 12 on October 2, 2018. “MilliKart” processing center was established within the Central Bank of the Republic of Azerbaijan with the financial support of the World Bank in the framework of the implementation of the "State Program for the Development of the National Payment System in the Republic of Azerbaijan for 2005-2007" approved by the Decree of the President of the Republic of Azerbaijan from December 9, 2004.
Starting from now, drivers and pedestrians can pay fines through POS-terminals in Nakhchivan Autonomous Republic. Within the framework of the joint project realized by OJSC “Nakhchivanbank”, “MilliKart” LLC and State Traffic Police Department of the Ministry of Internal Affairs of Nakhchivan Autonomous Republic, payment of State Traffic Police (STP) related fines can now be processed through “Nakhchivanbank”s POS-terminals installed in STP vehicles.
The extraordinary General Meeting of the Participants of MilliKart LLC was held on June 12, 2018 under the chairmanship of the Chairman of the Supervisory Board of OJSC "Rabitabank" Zakir Nuriyev. The agenda of the meeting included discussions on the development strategy of “MilliKart” LLC for the years 2019-2021
The regular General Meeting of “MilliKart” LLC was held in December 15, 2017. The main matters on the agenda were approval of the financial statements of the Company for 2016, as well as the balance sheet, the profit and loss statement, the election of members of the Board of Directors, the appointment of the chairman of the Board of Directors, the appointment of an external auditor to verify the accuracy of the financial statements for 2017.
MilliKart have already passed certification on compliance with PCI DSS 3.2 standards for the next 1 (one) year.
Audit was conducted by the qualified security assessor in the payment card industry “Compliance Control” Ltd. which provides certification for compliance with security standards for storing, processing and transmitting card data established by VISA, MasterCard, American Express, Discover and JCB.
The General Meeting of Participants of LLC “MilliKart” will be held on December 15, 2017. Materials on the issues included in the agenda of the meeting were officially sent to the participants.
MilliKart has successfully completed the “PCI PIN Security” compliance audit. Qualified Security Assessor accredited by “VISA Inc.” conducted an on-site audit and as a result the compliance of MilliKart with these security requirements has been approved by “VISA Inc.”.
In previous releases we have particularly described mobile number portability and associated with it uninterrupted receipt of SMS messages by cardholders about performed operations. Currently, we have improved our service and receipt of one-time password by cardholders to confirm operations while changing mobile operator is unproblematic now. To do this, the client needs to make only one simple
On March 17, 2015, MilliKart has passed certification on compliance with PCI DSS V3.0 standards for the next one year.
Audit was conducted by the Qualified Security Assessor in the payment card industry (PCI QSA) – CJSC “DIALOGUESCIENCE” which provides certification for compliance with security standards established by VISA, MasterCard, American Express, Discover and JCB.
At a meeting of the shareholders of “MilliKart” Elnur Mammadov was appointed a new CEO of the company who previously held the position of strategic development and marketing department director of “MilliKart”. The order of Elnur Mammadov’s entry to the position of Executive Director was signed on April 8.
Elnur Mammadov has been working in “MilliKart&r
İn accordance with the Law of the Republic of Azerbaijan about cashless payments, loans must be issued in non-cash form. Thus, NBCOs are interested in using the services offered by MilliKart. The service provides the issuance of payment cards to NBCO customers. As part of this service, which fully complies with the legal requirements and is safe, the client provided with payment card can w
“MilliKart LLC” in collaboration with “FINCA Azerbaijan” launched and successfully completed a new payment card project “FINCARD”. The project implies to provide customers of “FINCA Azerbaijan” with payment cards as a result of trilateral cooperation of MilliKart, AzerPost and “FINCA Azerbaijan”. Therefore, customers of “FINCA
“MilliKart LLC” in collaboration with “TBC Kredit” launched and successfully completed a new payment card project. The project implies to provide customers of “TBC Kredit” with payment cards as a result of trilateral cooperation of MilliKart, AzerPost and “TBC Kredit”. Therefore, customers of “TBC Kredit” have the opportunity to receive payment cards with various par values. Payment cards are accepted in the network of ATMs and POS termi
“MilliKart LLC” launched and successfully completed the first and new card project in the sector of NBCO in Azerbaijan. The project implies to provide customers of “Ideal Credit” with payment cards as a result of trilateral cooperation of MilliKart AzerPost and “Ideal Credit”. Therefore, customers of “Ideal Credit” have the opportunity to receive payment cards with specific par value. Payment cards issued by “Ideal Credit” will be accepted in the network of ATMs and POS terminals of all banks served in MilliKart:
The global spread of mobile devices in the past two decades is one of the most remarkable technological stories. Different phones, smartphones, SIM-cards and accessible services had a significant influence on the mass usage of mobile devices and mobile devices have become an integral part of modern life. We would like to ask our readers one question – Do smartphone users part with their mobile phoneы? Of course, everyone knows the answer – NO – the mobile phone is always with us.
Due to the qualified specialists of MilliKart, now storage of payment card data is possible through the portal Hesab.AZ for numerous payments. Everyone knows that entering card data at each payment takes a long time and if we don’t have card with us it’s getting deferred. This in turn creates a significant inconvenience for users.
MilliKart LLC and one of the leading payment systems UnionPay International signed a partnership agreement and launched the first project in Azerbaijan on the acquiring payment cards of the system. The project implies that POS terminal and ATM network of banks served by MilliKart will start accepting plastic cards of UnionPay International. Thus, cardholders of UnionPay International cards can withdraw cash from ATMs and pay for goods and services.