Georgia

The FINANCIAL -- With less than one cent per every USD 100, Georgia has one of the lowest fraud levels on Visa. According to Visa globally more than 50% of fraud transactions nowadays are from e-commerce. In line with the fast development of IT, the level of security required is becoming more difficult and expensive. Currently, criminals have moved from “card present” to “card ...

The FINANCIAL -- Internet transactions have reached a record number (1,347,005), valued at GEL 41,502,000 as of the end of June 2014, compared to last year’s statistics of 795,032, worth GEL ...

The FINANCIAL -- With USD 13 million, one of the leading Azerbaijani investment groups - Gemikaya Holding - has brought the hotel Divan Suites Batumi to the Georgian market. Batumi will become the ...

The FINANCIAL -- With USD 165,992,500 Russia has become the third largest trade partner for Georgian exporters as of January-July 2014. The Georgian Government gladly talks about the increased ...

Manufacturers point to different reasons for why the price of bottled water in Georgia exceeds EU prices   Georgia, well-known for its mineral and spring waters, is not a place where the ...