Cuzdan LLC, one of Azerbaijan’s fast emerging financial institutions, today announced the rollout of its new nationwide payment orchestration platform. Powered by PayTabs Group’s award-winning payment orchestration infrastructure, the platform is set to transform Azerbaijan’s payments landscape by enabling merchants and consumers to transact with greater speed, security, and convenience.
With this launch, Cuzdan takes a major step forward in its mission to foster the financial services ecosystem in Azerbaijan. By combining their strong corporate network in manufacturing, retail, and consumer finance with PayTabs’ technology backbone, Cuzdan is driving digital inclusion and economic growth across the country.
Through the new platform, merchants in Azerbaijan can onboard quickly, accept payments securely, and offer customers more choice in how they pay. Live pay-in and pay-out transactions are already running across the country, powered by Azerbaijan’s largest acquiring banks. The collaboration will introduce several features, capabilities and innovative use-cases. As the enabling partner, PayTabs provides the AI-powered orchestration platform that underpins the rollout. Together, Cuzdan and PayTabs are shaping a future where payments in Azerbaijan are faster, safer, and more accessible. This partnership represents a shared commitment to empowering businesses of every size and giving consumers greater choice and confidence in how they pay.
Via this milestone, Cuzdan is transforming Azerbaijan’s payments landscape by enabling SMEs to scale, corporates to streamline, and enterprises to innovate while giving consumers simpler access to secure digital payment services.
Mustafa Baltaci, CEO at Cuzdan, said: “This is a proud moment for Cuzdan as we lead Azerbaijan’s transition into a more connected, digital economy. By partnering with PayTabs, we are serving the full spectrum of our economy – from neighbourhood shopkeepers to growing SMEs to major enterprises- with modern, secure payment solutions that drive growth and financial inclusion nationwide.”
Hany Soliman, Chief Growth & Development Officer at PayTabs Group added: “We are proud to power Cuzdan’s payments journey by providing the technology backbone for this nationwide rollout. Our role is to enable our trusted local partner to accelerate financial inclusion, support economic growth, and deliver world-class digital payment experiences to businesses and consumers in Azerbaijan.”
PayTabs Group CEO and founder, Abdulaziz Al Jouf added: “With this hallmark partnership, Azerbaijan officially becomes part of PayTabs’ operational map, reinforcing the Group’s mission to power every digital transaction across the GCC, Levant, North Africa and Central Asia. This partnership underscores a shared vision to advance digital payments, support financial inclusion, and fuel economic growth across Azerbaijan and the greater CIS region.”
Stay Ahead of the Financial Curve with Our Latest Fintech News Updates!
