Tashkent, Uzbekistan (UzDaily.com) —  TBC Bank Uzbekistan (TBC UZ) has signed a long-term strategic partnership with Mastercard as the digital bank continues to develop its infrastructure for global payments and money transfers.

This partnership will lay the foundation for TBC Bank Uzbekistan to introduce Mastercard cards and additional payment solutions, enhancing payment capabilities for TBC clients and improving their online shopping, international purchasing, and money transfer options.

TBC UZ plans to launch Mastercard cards that will enable users to seamlessly access global marketplaces like Amazon, providing the convenience of a single banking card for both domestic and international transactions. As part of the partnership, the companies aim to offer clients access to a range of loyalty bonuses, such as cashback and other benefits.

With this partnership, TBC Uzbekistan continues to expand its product offerings within its digital banking ecosystem, which, in addition to TBC Bank Uzbekistan, includes Payme — a digital payment application for individuals and small businesses, as well as Payme Nasiya (Payme Installments) — a business that provides installment loans. All Mastercard products will be fully integrated into the broader range of offerings in the TBC Uzbekistan ecosystem.

Nika Kurdiani, CEO of TBC Uzbekistan, commented: “We are excited about our partnership with Mastercard as we continue to expand our product range to provide our clients with access to a wide array of convenient digital financial services. This partnership is another significant step in our mission to make life easier for people while continuing to build a world-class digital banking ecosystem in Uzbekistan.”

Denis Filippov, CEO of Mastercard in Uzbekistan, noted: “We are pleased to collaborate with TBC Uzbekistan as they continue to drive digital transformation in the country’s banking sector. Uzbekistan is an exciting market with tremendous growth potential, and through this partnership, we aim to provide millions of clients with access to safe, modern payment solutions. By integrating Mastercard’s global payment infrastructure, we intend to support TBC in enhancing financial access and inclusion in Uzbekistan.”