Mustafa Baltaci (L), CEO at Cuzdan, and Hany Soliman, Chief Growth and Dev Officer at PayTabs- Cuzdan partners with PayTabs to launch Azerbaijan’s nationwide payment orchestration platform.
- The platform enables secure, fast transactions for SMEs, corporates, and consumers.
- Partnership aims to boost financial inclusion and digital growth across Azerbaijan.
Cuzdan LLC, one of Azerbaijan’s fast-emerging financial institutions, has announced the launch of its nationwide payment orchestration platform in partnership with Saudi Arabia’s PayTabs Group. Built on PayTabs’ award-winning infrastructure, the platform is designed to accelerate Azerbaijan’s transition to a secure, inclusive, and digitally connected payments ecosystem.
The rollout marks a significant step for Cuzdan in strengthening the country’s financial services landscape. By combining its corporate network in manufacturing, retail, and consumer finance with PayTabs’ advanced technology, the company aims to enable businesses of all sizes to scale while expanding access to digital payment solutions for consumers.
Through the new platform, merchants across Azerbaijan can onboard quickly, process secure transactions, and offer customers multiple payment options. Live pay-in and pay-out transactions are already active nationwide, supported by some of Azerbaijan’s largest acquiring banks. The partnership also promises to deliver innovative features and AI-driven use cases that will enhance the overall payments experience.
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“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,” said Mustafa Baltaci, CEO at Cuzdan
PayTabs executives emphasized the partnership’s regional significance. Hany Soliman, Chief Growth & Development Officer at PayTabs Group, said: “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.”
Highlighting the strategic expansion, 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.”
With this milestone, Cuzdan is positioning itself as a catalyst for digital finance transformation in Azerbaijan – enabling SMEs to scale, corporates to streamline operations, and enterprises to innovate, while giving consumers greater confidence and choice in digital payments.
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