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The "Electronic Money Organization" license was presented to the member organizations of our association

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Thu 07 2024

The "Electronic Money Organization" license was presented to the member organizations of our association

By the Decision of the Board of Directors of the Central Bank of the Republic of Azerbaijan, MPAY QSC, PashaPay, "Mobile Payment Solutions" LLC, Azercell Telecom LLC, United Payment and eManat company, which are members of our association, have the right to carry out the activities of electronic money institutions without a time limit. License has been submitted. Odero, which is a member organization of our association, has been presented with an indefinite license that gives it the right to carry out the activity of a payment organization. It should be noted that the evaluation of other organizations that have applied for a license to provide payment services to the Central Bank is currently ongoing.