At the Visa Central Asia Payment Forum, Visa announced opening an office in Tashkent, expanding its presence in the country to promote further growth of the cashless economy. Andrew Torre, President of Visa in Central and Eastern Europe, Middle East and Africa (CEMEA), attended an event dedicated to the 30th anniversary of Visa's work in Central Asia, developing regional innovations and partnerships.&nbsp; The Visa Central Asia Payment Forum was attended by more than 300 participants, including experts on digital payments, representatives of the public sector, and the financial and banking industry from Kazakhstan, Uzbekistan, Kyrgyzstan, and Tajikistan. Visa's leading experts discussed with the participants the current trends shaping the development of digital payments and contributing to the growth of trade and money mobility in Central Asia. Andrew Torre noted the progress in forming the digital payments ecosystem achieved within the framework of the national strategy for the growth of the cashless economy, which is being implemented by the government and the Central Bank of Uzbekistan. Over the past decade, access to financial instruments and banking systems has expanded significantly. According to the World Bank, the number of adults with bank accounts increased from 23% in 2011 to 44% in 2021. Sources - <a href="https://bank.uz/?ysclid=lpto0bylv3734886795">Bank.uz</a>

Visa office opening boosts international cooperation and financial market development

Visa announces the opening an office in Uzbekistan