Mastercard and ABB introduce Azerbaijan’s first corporate card for business expenses.

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The introduction of ABB’s corporate travel and expense card represents a significant shift for businesses in Azerbaijan, offering an advanced digital payment solution to streamline their travel and spending processes.

Key Features and Services

In addition to basic payment functions, the ABB Corporate T&E Card provides cardholders with a comprehensive suite of travel-related benefits. These include access to concierge and transfer services, airport lounges, fast-track airport facilities, travel insurance, and 24/7 emergency support. The primary objective is to help reduce personal out-of-pocket expenses and eliminate cash handling for employees on business trips.

Cardholders also benefit from wider Mastercard offerings, such as LoungeKey access, discounted rates with Booking.com and Hertz, travel rewards, and participation in local campaigns. Other perks include Silver Logo benefits and the opportunity to engage in Mastercard’s Priceless Experiences programme.

Impact on Azerbaijan’s Corporate Payments Landscape

This move signifies a key development in the digitization of corporate payments within Azerbaijan, where cash and traditional manual processes have long been prevalent in expense management. By launching this dedicated T&E card, ABB is expanding its corporate banking offerings with a digital-first solution, indicating a transition towards more organized and transparent spending workflows for local businesses.

For Mastercard, this partnership bolsters its commercial card presence in the Caucasus region and supports its broader strategy of expanding corporate payment solutions into emerging markets. The collaboration aims to capture demand from businesses looking to modernize their travel-related spending management.

The card’s compatibility with Mastercard’s global acceptance network enables corporate users in Azerbaijan to utilize the product internationally, which is particularly relevant for companies with cross-border operations or frequent outbound business travel.

Although specific details about the rollout timeline and expected client base are not provided in the source material, the launch itself marks a new product category within Azerbaijan’s banking sector, aligning with regional trends toward digital B2B and corporate payment flows.

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