Baku, FinanceTime. Uber, international technology company, which has developed a mobile application to order cars for trips around the city, global payment technologies provider Mastercard and Unibank OJSC have launched a joint project.

The project offers Uber partner-drivers the unique opportunity to use their earnings in the most convenient way. To do this, each Uber driver should come to one of the branches of Unibank located in Baku or Absheron, and open the taxpayer identification number (VÖEN). Immediately thereafter, a Mastercard debit card “Albalı Plus” will be presented at the branch office to the driver.Funds transferred from the Uber to VÖEN number will automatically get on the cardand the driver will be able to use it, and this is the main goal of the project.

Each partner-driver who applies to one of the branches of Unibank will get his VÖEN number and Mastercard branded “Albalı Plus” debit card absolutely free. In addition, Uber drivers will be able to take advantage of free use of such services as the Unibank SMS Banking, Mobile Banking and Internet Banking.Drivers will also be exempt from fees for cash withdrawals from ATMs. Partner-drivers will also receive cashback up to 20% of the funds spent from the card, while income up to 6% per annum will be charged on the balance remaining on the card.

“We have significantly adapted the service to users' needssince Uber has started operating in Baku. Today, users can enjoy affordable trips with UberX and business-class service- Uber SELECT. This summer, in addition to non-cash payments, we have introduced the option of payment in cash, which helps the advancement of cashless payments: users paying for several trips in cash will be transferred to non-cash payment method. The project with Unibank and Mastercard will also stimulate the development of cashless payments among the drivers- service partners, "- said Alexey Stakh the General Manager of Uber in CIS countries.

“Being one of the most innovative and technological banks of the country, Unibank continuously increase its support to plastic card business and stimulation of noncash payment with its products and services. We are happy to extend our contribution to plastic card business via new project in collaboration with Uber and Mastercard. Albali Plus debit is a unique product in the market and it will simplify Uber drivers’ work. Moreover, these cards will give them opportunity to increase profit. Albali Plus debit’s advantages and our bank’s mobile banking app will let Uber drivers to control their funds and conduct banking transactions”, - said Taleh Tahirli, Retail Banking Director at Unibank.

“In Mastercard, we provide customer financial institutions with solutions that help them launch successful services and deepen relationships. With our industry-leading solutions we help merchants enable new sales channels, create better purchase experiences, improve efficiencies and fight fraud. We are happy to partner up with these two successful brand on their arena and looking forward to keep on bringing better experiences for all our cardholders in Azerbaijan”, - stressed Yasemin Bedir, Mastercard Country Manager in Turkey and Azerbaijan.

Uber - is an international technology company that develops mobile services to call cars with a personal driver. The company provides its services in more than 360 cities in 60 countries. Among CIS countries Uber is present in Russia (Moscow, St. Petersburg, Ekaterinburg, Kazan, Novosibirsk, Rostov-Na-Donu, Sochi, Krasnodar, Nizhny Novgorod and Ufa), Belarus (Minsk) and Azerbaijan (Baku). For more information about the company and its products please visit official website: https://www.uber.com

Mastercard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry.  We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories.  Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone.  Follow us on Twitter @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on the Engagement Bureau.