How Will TBC’s Salom Card Change Digital Banking in Uzbekistan?

TBC Bank Uzbekistan, renowned for being the largest mobile-only bank in the country, has launched its new flagship daily banking product, Salom Card. This initiative marks a significant milestone in TBC Uzbekistan’s strategic plan to expand its digital financial services while driving both customer and revenue growth. The introduction of Salom Card is initially exclusive to subscribers on a waiting list before it becomes available to the public, promising to revolutionize customer interaction with banking through its fully digital interface via the TBC mobile app. This strategic move underlines TBC’s commitment to leveraging digital solutions to enhance customer experience and operational efficiency.

A New Digital Banking Ecosystem

The Salom Card is not merely a product in isolation but the entry point into TBC Uzbekistan’s comprehensive digital banking ecosystem. This ecosystem encompasses the Payme digital payments app and the Payme Nasiya installment finance business. By integrating seamlessly with these services, the Salom Card is poised to enhance customer engagement and facilitate substantial growth. One of the standout features of the card is its impressive 12% interest rate on balances, a benefit that is unprecedented in the Uzbek market. Additionally, users can enjoy free cash top-ups, free ATM withdrawals, and 5% cashback with selected partner merchants. These perks are designed to simplify financial management and provide significant value to users, making basic banking tasks not only more accessible but also more rewarding.

Beyond its attractive financial benefits, the Salom Card represents a core component of TBC’s digital strategy. CEO Nika Kurdiani has emphasized that this card is much more than just a financial product; it is a central element of TBC’s vision for a digitally integrated banking and financial services ecosystem. The ease of use and comprehensive features of the Salom Card are expected to drive increased customer growth and engagement. This customer-centric approach will provide TBC with better insights into customer needs and preferences, which will, in turn, inform the development and launch of future innovative products and services.

Setting a New Standard in Banking

TBC Bank Uzbekistan, celebrated as the biggest mobile-only bank in the nation, has introduced its latest flagship daily banking product, the Salom Card. This launch represents a key step in TBC Uzbekistan’s strategy to broaden its digital financial offerings. It aims to boost both customer engagement and revenue. Initially, the Salom Card will be available only to those on a waiting list before it rolls out to the general public. The card promises to transform how customers interact with banking, being entirely digital through the TBC mobile app. This bold move highlights TBC’s dedication to using digital technology to improve customer experience and operational efficiency. The bank is pushing the boundaries of digital banking, ensuring that its services are accessible, user-friendly, and efficient. The Salom Card is set to revolutionize personal banking in Uzbekistan, reflecting TBC’s innovative approach in the financial sector and its ongoing commitment to growth and customer satisfaction through cutting-edge digital solutions.

Explore more

Why is LinkedIn the Go-To for B2B Advertising Success?

In an era where digital advertising is fiercely competitive, LinkedIn emerges as a leading platform for B2B marketing success due to its expansive user base and unparalleled targeting capabilities. With over a billion users, LinkedIn provides marketers with a unique avenue to reach decision-makers and generate high-quality leads. The platform allows for strategic communication with key industry figures, a crucial

Endpoint Threat Protection Market Set for Strong Growth by 2034

As cyber threats proliferate at an unprecedented pace, the Endpoint Threat Protection market emerges as a pivotal component in the global cybersecurity fortress. By the close of 2034, experts forecast a monumental rise in the market’s valuation to approximately US$ 38 billion, up from an estimated US$ 17.42 billion. This analysis illuminates the underlying forces propelling this growth, evaluates economic

How Will ICP’s Solana Integration Transform DeFi and Web3?

The collaboration between the Internet Computer Protocol (ICP) and Solana is poised to redefine the landscape of decentralized finance (DeFi) and Web3. Announced by the DFINITY Foundation, this integration marks a pivotal step in advancing cross-chain interoperability. It follows the footsteps of previous successful integrations with Bitcoin and Ethereum, setting new standards in transactional speed, security, and user experience. Through

Embedded Finance Ecosystem – A Review

In the dynamic landscape of fintech, a remarkable shift is underway. Embedded finance is taking the stage as a transformative force, marking a significant departure from traditional financial paradigms. This evolution allows financial services such as payments, credit, and insurance to seamlessly integrate into non-financial platforms, unlocking new avenues for service delivery and consumer interaction. This review delves into the

Certificial Launches Innovative Vendor Management Program

In an era where real-time data is paramount, Certificial has unveiled its groundbreaking Vendor Management Partner Program. This initiative seeks to transform the cumbersome and often error-prone process of insurance data sharing and verification. As a leader in the Certificate of Insurance (COI) arena, Certificial’s Smart COI Network™ has become a pivotal tool for industries relying on timely insurance verification.