The Ministry of Education of Azerbaijan Republic The impacts of e-banking to the development of Azerbaijan economy

Types of "BirKart"

"BirKart" is available in 3 types of customers. BirKart(usual), One Card Cashback and BirKart Miles. The duration of each 3 cards is 3 years and the maximum limit is 10,000 AZN.

BirKart (ordinary) - annual service fee is 15 AZN. Client is exempted from service fee of the first year if the transaction is made at least 10 AZN for 3 times within 90 days of receipt of the card. Service fees for the 2nd and 3rd years must be paid.

BirKart Cashback - An annual service fee is 35 AZN. The customer is exempt from service fees for the first year (cash exception) if the transaction is made at least 5 times minimum within 20 days from the date of receipt of the card. Service fees for the 2nd and 3rd years must be paid. The main advantage of this type of card is that it has a "cash-back" function as seen in the name. In the venture's partner banks, a maximum of 30% of a single cashless payment is returned to the card (depending on the partner). In non-joint ventures, the cash-back percentage is 1.5%. In other words, these card holders will receive 1.5% of their cashless payments at the worst case, so there is no second card available on the market. There is no cash - back in installments, online and cash transactions.

BirKart Miles - annual fee is 35 AZN. This card can also be obtained in AZN / USD / EUR currencies with debit function, and the card's 3-year price will be AZN 80. The main advantage and purpose of the card is the user's earnings during single cashless payments. For every 1 AZN, shopping costs 1 MIL for domestic transactions and 1.5 MIL in country transactions. It can be used for the purchase of airline tickets from the collected VATs. The cost of shuttles is calculated as 65 MIL = 1 AZN. If we make a simple calculation, we will need to pay AZN 13,000 for domestic transfers and AZN 8667 for a modified ticket to AZN 200. As with the BirKart Cashback card, this card does not calculate the TRL in installments, online and cash transactions (the utility payments made through the Mobile Banking application are counted on the counters).