Visa International CEMEA, regional operation committee, adopted corresponding decision in London, England, on 9 July.
Principle member of the Visa International can emit cards in own processing center and carry out independent tariff policy and serve trade points on accepting Visa International cards and render processing services to other members.
Alp Jamol Bank started to issue Visa International cards in January 2005 as associated member of the organization. Turnover of Alp Jamol Bank with Visa cards comprised US$28 million.
The bank said it is planning to launch new products and services to its clients, including Visa Platinum, money transfer with Visa cards, mobile payment system and others.