Azernews.Az

By Nigar Abbasova

Expressbank has introduced a brand-new security system innovative for Azerbaijan. The aim of the system is to enhance security levels of money storage in payment terminals.

With support of Oberthur and AaBaCus digital security systems Expressbank introduced new innovative security technology of ExpressPay payment terminals. In case of unauthorized use or cracking, device will automatically stain money with permanent dye thus alerting the fact that money is stolen. The colored dye may also stain the thief's clothes and/or hands, making identification of the suspect quite easy. The purpose of the dyeing is invalidating the stolen money. Removal of stain is not possible even by chemical cleaning.

The technology is widely used in most of the European countries, USA, North Korea, and Japan. Presentation of technology was held in Hilton Baku hotel. Expressbank representatives gave detailed information on the technology and tested the system.

Security assurance is a matter of the utmost importance for all banks as e-banking is developing steadily. The advantage of any payment system is the ensuring dynamics, stability and foremost the maintenance of security. Criminals use lots of sophisticated methods and devices for ATM and other digital services crime all over the world. Experts say that criminals are already taking bids in order to fail anti-theft technology.

With central office in Baku, Expressbank operates branches in Sumgait, Ganja, Mingechevir, Barda, Gusar, Khachmaz and Shirvan. Due to ExpressPay e-wallets customers are able to make payments.

ExpressPay payment terminals were installed in different parts of the country in order to meet customer needs. The bank has installed about 90 ATMs across the country, 7,500 POS-terminals and 400 payment terminals ExpressPay.

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