Cuzdan LLC has announced the launch of a nationwide payment orchestration platform in partnership with PayTabs Group, a leading payment infrastructure provider from Saudi Arabia. This collaboration aims to modernize Azerbaijan’s payments landscape, enhance financial inclusion, and accelerate the country’s digital transformation.
Driving Digital Inclusion Across Azerbaijan
Cuzdan’s new platform is built on PayTabs’ award-winning orchestration technology. It enables faster, safer, and more convenient digital payments for both merchants and consumers. The initiative marks a major step in advancing Azerbaijan’s financial ecosystem and promoting economic growth through digital access.
Through this rollout, Cuzdan will help:
- Small businesses onboard quickly and start accepting payments securely.
- Consumers enjoy flexible, reliable, and seamless payment experiences.
- Corporates and enterprises streamline operations with integrated financial tools.
Live pay-in and pay-out transactions are already running through Azerbaijan’s largest acquiring banks. The system leverages artificial intelligence to automate payment processing, improve efficiency, and minimize transaction risks.
Partnership Vision
The collaboration between Cuzdan and PayTabs is grounded in a shared vision to empower businesses and consumers across the country with world-class digital payment solutions.
Mustafa Baltaci, CEO of Cuzdan, stated:
“This partnership represents a defining moment in our journey to build a connected, digital economy in Azerbaijan. We are serving everyone—from small shopkeepers to large enterprises—with secure, modern solutions that drive financial inclusion and growth.”
Hany Soliman, Chief Growth & Development Officer at PayTabs Group, added:
“Our role is to provide the technology backbone that enables Cuzdan to deliver cutting-edge payment solutions. Together, we aim to accelerate financial inclusion and economic growth across Azerbaijan.”
Abdulaziz Al Jouf, CEO and Founder of PayTabs Group, commented:
“With this partnership, Azerbaijan becomes part of PayTabs’ expanding operational footprint across the GCC, Levant, North Africa, and Central Asia. We share a commitment to advancing digital payments and empowering regional economies.”
About Cuzdan LLC
Cuzdan LLC is a licensed financial services platform offering digital payment and e-money solutions in Azerbaijan. Its mission is to make financial services fast, simple, and accessible. Cuzdan’s offerings include:
- Digital payment facilitation for consumers and merchants.
- Seamless loan and deposit payment solutions.
- Secure and user-friendly financial tools for individuals and businesses.
Cuzdan operates under license No. EPT-014 from the Central Bank of Azerbaijan, issued on September 25, 2024.
About PayTabs Group
Founded in 2014 by Saudi entrepreneur Abdulaziz Al Jouf, PayTabs provides scalable, secure, and AI-powered payment solutions across multiple markets. Its services cover:
- Digital invoicing, POS, QR code, and social media payments.
- Orchestration platforms for B2B and e-commerce solutions.
- AI-driven analytics and payment consultancy.
PayTabs operates in Saudi Arabia, UAE, Egypt, Jordan, Kuwait, and beyond.