OREANDA-NEWS. August 02, 2011. The International Bank of Azerbaijan (IBA) attaches particular importance to credit cards business. Being a full member of international payment systems Visa International and MasterCard International, as well as an exclusive partner of American Express in Azerbaijan, the IBA offers a wide range of services in production and service of plastic cards of these systems. The Bank offers such types of bank cards as American Express Green, American Express Gold, American Express Platinum, Visa Electron, Visa Classic, Visa Gold, Visa Platinum, Visa Infinite, Visa Business, Visa Gold Business, Visa Virtual, Cirrus Maestro, MasterCard Standard, MasterCard Gold, MasterCard Platinum, MasterCard World Signia, MasterCard Business, MasterCard Virtual, reported the press-centre of IBA.

The International Bank of Azerbaijan often introduces new services for cardholders, said the R.Aghayev, Head of Press Service of the Bank. “IBA was one of the first in the country which has introduced a completely new service in the region, with which you can get money from an ATM without a card”.

According to R. Agayev, bank customers are already sending money to other persons living anywhere in the country who do not have cards. “Our customers are very pleased with this novelty”.

Under the rules of transfer of money in this way a customer enters a plastic card into an ATM, chooses the desired language and enters PIN. Then in the menu selects “Cash by Code”, then click “Send Money”, then enter the mobile phone of the money recipient. After that, selects the currency and the amount.

At this time the system creates a code consisting of two parts. The first part of the code is printed on the check and is retained with the sender of the money. The second part of the code is sent to the recipient's mobile phone as an SMS. To receive the cash it is required to enter the two parts of the code. The code is valid for 24 hours.

The recipient, going to an ATM machine, presses any key, selects “Cash by Code” and required language. Next, enter both parts of the code and the receiving amount, after which the ATM gives out money.

According to R.Agayev, this service can also be used by the customers of “IBA-Moscow”. Bank customers using this system can send money to any city in Azerbaijan, as well as to Russia and back.

As per other new services, when paying for purchases by bank cards Visa Electron, Visa Classic and Visa Gold, issued by IBA, a respective percentage of the purchase price in the form of bonus points is charged on card.

The main difference between “bonus” service from the usual discounts that bank card holders do not only receive bonus points when paying for purchases, but can pay for purchases by accumulated bonus points.

This service is available within the bank formed BonusClub, which included today a little more than 50 stores.

Among the shops and services included to the BonusClub, where you can earn or spend earned bonus points, there is a network of perfume shop Sabina (gives 5% bonus of the purchase price), Aztime Watch (10%), Optic Gallery (15% ), stationery stores Nil Kitab-Kirtasiye Sarayi (5%), Travel Agency Skylife Travel (3%), Hotel Boutique Palace (10%), pastry-cafe cake.az (3%), The Wine Boutique Gallery Mey (3%), Kenwood hardware store (10%), Cafe Mado (5%), restaurant Trattoria L'Oliva (10%), clothing and accessories shops for men and women Koton (3%), Pink Accessories (3%), Piacente Boutique (10%), Pierre Cardin (10%), De d'Or AS (5%), Sel Home (3%). Herewith, 1 accrued bonus is equal to 1 manat.

A full list of trading companies and service providers which are members of BonusClub and the number of gift bonuses is available on the website of the bank - www.ibar.az.

Accrued bonuses can only be used in cashless sale at the trade and services companies within the network of BonusClub, i.e. they can not be cashed through an ATM.

By paying in a shop or restaurant, being a member of the network BonusClub, product or service, the client must inform the cashier on its intention to pay for the purchase by bonus points. If the number of accumulated bonus points is not sufficient to purchase goods or pay for services, then after the payment by bonus points on account, the client may pay the remaining amount from its card account. If you pay by bonus points the additional bonus points are not added.

At the initial stage of the function of accumulation and spending of bonuses will be available to holders of Visa Electron, Visa Classic and Visa Gold Cards, issued by the International Bank of Azerbaijan, with the exception of pension, customs and business cards. According to R. Agayev, the bank is working on a major expansion of BonusClub network, is currently negotiating with several supermarkets, pharmacies and catering stores. Also, work is underway to extend this service to holders of pension cards.

Please, note that for the six months of this year by IBA cards were made 10.6 million transactions and volume of transaction was \\$1.4 billion manat.