CBA issues first licences to electronic money and payment organizations

By the decision of the Board of the Central Bank of Azerbaijan dated 16 May 2024, ‘A-Solutions’ LLC and ‘United Payment’ LLC have been granted perpetual licenses for the right to operate as an electronic money organisation, and "Token Azerbaycan" LLC - as a payment organisation. This is reported on the CBA website. The licences were issued in accordance with the Law "On Payment Services and Payment Sys...

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