BAKU, Azerbaijan, August 7. The Central Bank of Azerbaijan (CBA) has granted a permanent license to Drakaris LLC to operate as a payment organization, Trend reports.
According to the CBA, the assessment of applications from other organizations in connection with obtaining a license to provide payment services continues.
Previously, the CBA issued indefinite licenses to A-Solutions, United Payment, Modenis, PashaPay, Mobile Payment Solutions, Paysis, Mpay and PulPal for operating as electronic money organizations, along with a payment organization license to Token Azerbaijan and Global Innovations, thus bringing the total number of licensed organizations in this sector to 11.
For more information on the "On Payment Services and Payment Systems" law, refer to the interview with a CBA representative.
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