Thanks to UZCARD’s projects, the country now boasts universal, high-quality digital products of global standards, offering cardholders a wide range of payment options and contributing to a safer, more efficient, and transparent market environment for all participants. Significant work has also been carried out by UZCARD in the field of bank card personalization, allowing banks today to significantly increase the speed of customer service and the quality of services provided.
Instant issuance of co-branded UZCARD-Mastercard cards is now available in all branches of Ziraat Bank Uzbekistan. The personalization process for such cards, from the moment a customer contacts the bank to the moment of their issuance and activation, takes about five minutes. With UZCARD’s new offering, this task can now be accomplished directly in bank branches. Customers receive their cards on the same day of application and can immediately start conducting financial transactions.
Co-branded UZCARD-Mastercard cards are known for their convenience. In Uzbekistan, such a card functions as a local sum card, while abroad, it operates as an international Mastercard.
This product allows simultaneous use of the benefits of two payment systems: paying for purchases in Uzbekistan and worldwide, receiving cashless money transfers, booking hotel rooms, buying tickets online, paying for purchases in online stores, and withdrawing cash from ATMs. Additionally, holders of co-branded cards can make P2P transfers within the country and shop at world-renowned online stores: Amazon, AliExpress, Google Play, App Store, etc. There is no need to pre-convert funds as they are automatically converted during payment.
Moreover, UZCARD-Mastercard co-branded cards provide an enhanced level of security. They feature the “Mastercard Secure Code” or 3-D Secure service, which provides additional protection for transactions made with Mastercard payment system cards on the Internet.
Today, in the competition for customers, instant card issuance technologies offer unique advantages, allowing financial organizations to reach a fundamentally new level of service and expand the range of products offered. The service has already been joined by the National Bank for Foreign Economic Activity of the Republic of Uzbekistan, Agrobank, Asakabank, ASIA ALLIANCE BANK, Garant Bank, DAVR BANK, Hamkorbank, People’s Bank, and Ziraat Bank Uzbekistan.
The UZCARD team is actively working towards developing conditions and tools for member banks of the payment system that will consistently promote high-level customer service and new consumer experiences.