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Latest news and interesting information about payment.
France in Debt Crisis: Ex-PM Rings Alarm
France's national debt exceeds 3.5 trillion euros. Ex-PM Edouard Philippe calls for budget cuts and collective effort.
Sumgayit housing crisis: 90 families stranded
Over 90 families in Sumgayit paid for apartments but cannot move in due to MTK's unfinished construction and missing elevator.
Insurance Payments Now Based on Work Capacity Loss
Azerbaijan changes insurance payment rules: compensation based on loss of professional work capacity rather than disability. Draft law discussed in parliament.
Turkey seeks to join SEPA
Turkey has expressed interest in joining SEPA, the Single Euro Payments Area, to facilitate cross-border payments and boost trade and investment with the EU.
75-Year-Old Woman Killed with Hammer and Crowbar, Body Dumped in Well
In Sharur, a 75-year-old woman was murdered with a hammer and crowbar, and her body was dumped in a well. The appeal of two women accused of the murder is being heard.
Affordable apartments at Kristal projects
Affordable apartment sales at Kristal's Yeni Sumgait and Sahil Park projects: starting initial payment 14,900 AZN, mortgage up to 20 years.
850 Prisoners to Be Pardoned During Khamenei Farewell Days
Iran pardons 850 prisoners during farewell to Supreme Leader Khamenei. Details on the farewell ceremony schedule and locations.
XalqKart interest-bearing balance limit increased to 20,000 AZN
XalqKart interest-bearing balance limit raised: 7% annual return on balances between 300-20,000 AZN. Free cards, bonuses, and cashback.
New Changes to VAT Deposit Accounts
New changes to VAT deposit accounts: entrepreneurs gain ability to transfer funds to the State Social Protection Fund.
Forced to pay deceased person's utility bills?
Baku resident Rasmiyya Hasanova says she is forced to pay the utility bills of a deceased former occupant of her apartment.
Public Procurement Eased for Non-Residents
Azerbaijan is simplifying public procurement for non-residents. A new bill eases performance and advance guarantee requirements, removing obstacles for foreign suppliers.
UK to charge refugees £10,000 compensation
UK to require refugees to repay £10,000 after starting work. Home Secretary Shabana Mahmood announced the policy.
Car Fraud Network: They Stormed My House at Night
Baku residents complain against Sundeer Cars: cars bought on credit seized at night. Police investigate fraud network.
Only 1% of Entrepreneurs Use Digital Payments
In Azerbaijan, less than 1% of entrepreneurs use fully digital payments. There is great potential for digitalization in the fintech sector.
Edgar Abdullayev: Fintechs Are Banks' Innovation Partners
Azerbaijan Fintech Association Chairman Edgar Abdullayev highlights that fintechs are innovation partners, not competitors, of banks.
5 tips to consider before taking a loan
5 tips to consider before taking a loan - expert advice to avoid non-performing loans and financial trouble.
Caucasus' first official Apple Shop opens in Kontakt
Kontakt opens Caucasus' first official Apple Shop featuring Apple products in a unified ecosystem. Enjoy 12-month interest-free installment.
King Charles III's tax payments disclosed
King Charles III's personal tax payments disclosed for the first time. Buckingham Palace reports over £30 million paid since 2022.
Insurance market in Azerbaijan grows 17%
Azerbaijan's insurance market grew 17% in five years. Abas Miskərli at AIIF 2026 said the market expanded 11% in 2025, and insurance penetration reached 1.63% of GDP.
Funds deducted from cards: ABB official statement
Official statement on fund deductions and negative balances at ABB and other banks. Details on technical issues.
"Kristal" projects: affordable home ownership opportunity
Discover affordable apartments at Kristal's Bilajari and Park Xirdalan complexes with flexible payment plans.
Changes in compulsory insurance types expected
Central Bank of Azerbaijan announces changes in compulsory insurance types. Motor insurance limit remains at 5 million manats with automatic restoration.
New Payment Module to Be Applied in TQH (MİQ)
A new payment module for the Teacher Recruitment (MİQ) system is to be implemented. Project cost is 513,827 manats.
PFL pays 2.61 million AZN to clubs
PFL pays 2.61 million AZN to clubs. Bonus fund formed from foreign player fees. Gabala received the highest bonus.
New funding model: How will the state pay private kindergartens?
President Ilham Aliyev signs decree on new funding model for preschool education. State, parents, and private sector to share costs. Expert insights.
Rent-a-Sister: New Service in China
Women aged 30-40 in China offer "big sister" rental services to younger girls for companionship and advice.
Worker dies at Teymuroglu Construction site
Teymuroglu Construction fined after worker dies in accident at Baku construction site. Court imposes 5,000 manat penalty.
Writers' Union halts membership acceptance
Azerbaijan Writers' Union stops accepting new members until 2027. Annual membership fee is 15 manats. Late payments lead to expulsion.
Payment for yard wells? Official response
Official statement on whether citizens must pay for using wells in their yards. ADSEA clarifies fees apply only to businesses.
Pension payment date announced
The date for full pension payments across the country has been announced: June 19. Preferential pension payments will also be transferred on the same day.
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