Information published on 31 May 2016 in the UIC electronic newsletter "UIC eNews" Nr 501.

Kazakhstan: JSC NC Kazakhstan Temir Zholy (KTZ) introduces online corporate card freight payment service in cooperation with JSC Halyk Bank

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Online corporate card freight payment service has been introduced under the Memorandum of Cooperation signed in October 2014 between JSC NC Kazakhstan Temir Zholy (KTZ) and JSC Halyk Bank.

“This is the second successful project of the Company implemented in partnership with the Bank. Last year, we launched an online service for money transfer to single customer personal accounts. Now we are launching a service to pay for the goods transportation services by the Bank’s corporate cards. I believe that the mutually beneficial cooperation between the Company and the Bank contributes to the quality of service and increases focus on customer,” said Mr Maxat Kabashev, JSC NC KTZ Vice-President.

Payment with the Bank’s corporate cards will make shippers’ payments fast, comfortable and safe at any time of the day, including weekends and public holidays. The payments with the Bank’s corporate cards are convenient and easy: the money can be immediately credited to the shipper’s single account of the Company in all geographical locations around Kazakhstan.

Mrs Zhannat Satubaldina, JSC Halyk Bank Deputy CEO, said: “This time we have created a new product that will improve the logistics operations of shippers, who often have the need to make urgent and additional payments during the weekends and holidays. The Bank’s corporate cards can be reloaded at the weekends through POS-terminals in the Bank’s offices located in the popular shopping and entertainment centres, which, as a rule, are open seven days a week.”

Online payment of freight services and online service to credit the shipper’s account via corporate cards is designed for those who know the value of time and mobility.

(Source: KTZ)