BAKU, Azerbaijan, September 10. Multi Solutions LLC has been granted a perpetual license for the right to carry out activities of a payment organization by the decision of the Board of the Central Bank of Azerbaijan (CBA) from August 28, 2024, a source in CBA told Trend.
The license was issued in compliance with the law “On Payment Services and Payment Systems.”
“Evaluation of other organizations that applied for a license to provide payment services is currently ongoing,” the statement of the CBA says.
To note, to date, thirteen entities have obtained licenses to operate in this sector.