Visa under support of the National Bank of Georgia conducted “Foundation of Payments” workshop in Tbilisi

Global payments technology company Visa organized a two-day workshop on electronic payments and financial education “Foundation of Payments” supported by National Bank of Georgia. Workshop took place on April 24 – 25 at the premises of NBG. The aim of the workshop is to raise awareness on financial education and customers’ trust towards the electronic payments and instruments.

First day of the workshop was organized for the media representatives. At the workshop Mr.  Majeed Hujair, Senior Director of Visa School of Public Policy and workshop attendees discussed the following topics: influence of the electronic payments on development of the country’s economy, international experience of electronic payments’ development and innovations.

Representatives of the Ministry of Education and Science, National Youth and Children’s Palace, National Bank and Non-Governmental Organizations attended the second day of the workshop. The following topics were discussed: financial engagement and financial education, building an electronic payment system based on Visa Net experience, risk management in electronic payments and impact of the technologies on innovative payment products.

All participants were awarded with certificates of Visa School of Public Policy.

“Along with the development of the payment systems, it is very important to maintain customers’ trust towards the electronic payments and one of the functions of the National Bank of Georgia is supporting secure, sustainable and effective functioning of current payment systems of the country. We believe, that such workshops will contribute to raising financial education of the customers and introduction of current trends of the payment market as well as raising customers’ trust,” commented Mr. Murtaz Kikoria, Vice-President of National Bank of Georgia.

“Workshops delivered by Visa School of Public Policy are designed to provide participants with an overview of Electronic Payments and introduce the benefits it provides at the country level, for different stakeholders and consumers. We believe in a special role of mass media in delivering accurate information and raising awareness toward financial literacy among consumers, as well as the instrumental role of the central banks in helping citizens to become financially capable and building consumers trust in the financial system,” commented Majeed Hujair, Senior Director, Visa School of Public Policy.