Payonix
E-walletsProduct vendor🇦🇿Azerbaijan
Payment app with QR, a unified card, and instant loans
- Headquarters
- Baku, Azerbaijan
- Leadership
- 1 people
About the company
Payonix combines multiple bank cards in one app and offers QR code payments, phone number money transfers, expense management, transaction history, and exclusive discounts at restaurants and stores. Standalone features include instant loans for unexpected expenses (approval in about 15 minutes) and salary advances. The service is licensed by the Central Bank of Azerbaijan (license EPT-016 dated January 15, 2025) under the legal entity Baku Pay MMC and claims over 500,000 active users. The app is available on the App Store and Google Play.
Headquarters
Baku, Azerbaijan
Country
Azerbaijan
Веха
History and milestones
- May 1, 2026ВехаCentral Bank of Azerbaijan issued mandatory order regarding minimum capital requirements violation
- January 1, 2024ВехаReceived license from Central Bank of Azerbaijan as payment organization
- January 1, 2017ВехаCompany founded as ООО Baku Pay
Products
Payonix app
Fintech app: single card, QR, transfers, loans, expense tracking
Services
QR payments
Fast QR code payments
Money transfers
Send and receive funds by phone number
Instant loan
Short-term loan with ~15-minute approval
Salary advance
Early payment of a portion of salary
Trust and facts
Certifications
Central Bank of Azerbaijan license (EPT-016, 2025)
Technology
