In accordance with the Law of the Republic of Azerbaijan "On Payment Services and Payment Systems," the evaluation process for organizations applying for a license to provide payment services continues.

As part of this process, by the decision of the Board of the Central Bank, "Algoritma" LLC has been granted a perpetual license to operate as an e-money institution. This license allows "Algoritma" LLC to issue, store, and process electronic money transactions.

We congratulate "Algoritma" LLC on this significant milestone, which will contribute to the development of the digital financial ecosystem in our country, and wish them success in their future endeavors!