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Stimulating ‘Pay with Visa and earn’ lottery in draws
The Central Bank of the Republic of Azerbaijan with the support of Visa International is starting a national two-month promo ‘Pay with Visa and earn’ lottery covering various strata of the population from 1 March 2020 onward to shape cashless payment habits and elevate cashless turnover in the economy. Every cardholder conducting minimum an AZN5 (five) worth of cashless operation with Visa payment cards issued by Azerbaijani banks in POS-terminals installed in economic agents throughout the country (shops, restaurants etc.) will automatically get the right to participate in the stimulating lottery to be held in two draws. AZN100 (one hundred) worth of prize amount will be credited to cardholder’s bank account as cashback and customers will be accordingly informed by the bank servicing his/her account. The lottery with total 300 winners will be held in two draws from 1 March 2020 to 30 April 2020.
1. Draw I – 15 April 2020 (to cover the period from 01.03.2020 to 31.03.2020);
2. Draw II – 15 May 2020 (to cover the period from 01.04.2020 - 30.04.2020).
Transactions not eligible for the lottery:
- corporate card operations;
- reversals;
- transactions with non-personalized cards;
- e-trade transactions.
The lottery is held to promote digital payments among the population and stimulate them to use payment cards as part of the assignments to the Central Bank by the State Program on expansion of digital payments in the Republic of Azerbaijan for 2018-2020 approved by Decree # 508 of the President of the Republic of Azerbaijan dated 26 September 2018.
