Stockholm, February 10th, 2012 CMA and SINAM sign a contract to enhance the utility payment system at the National Bank of Azerbaijan.

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17 Feb'2012

Stockholm, February 10th, 2012 CMA and SINAM sign a contract to enhance the utility payment system at the National Bank of Azerbaijan.



CMA announced today that in collaboration with its partner SINAM, it entered into contractual agreement with the National Bank of Azerbaijan for the provision of the extension to the utility payments system

APUS - the utility payment system at the National Bank of Azerbaijan, has been set into live operations by the same CMA and SINAM  consortium in July 2008.

The new contract with the National Bank covers implementation of the additional functionality for the extension of the current payment service offering to juridical and natural persons via electronic means of communication.

In order to facilitate processing of electronic documents in real time mode, the current contract commitment covers considerable increase in system performance and migration onto modern and sophisticated technological platform from Oracle Exadata.