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Azerbaijani Central Bank confers license to another payment organization

Finance Materials 30 August 2024 11:41 (UTC +04:00)
Kamran Gasimov
Kamran Gasimov
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BAKU, Azerbaijan, August 30. Golden Pay OJSC has received a perpetual license to operate as an electronic money institution, Trend reports.

According to the Central Bank of Azerbaijan (CBA), the evaluation of applications of other organizations that submitted requests for a license to provide payment services is ongoing.

To note, earlier the CBA issued perpetual licenses to A-Solutions, United Payment, Modenis, PashaPay, Mobile Payment Solutions, Paysis, Mpay, and PulPal to operate as e-money organizations. The companies “Token Azerbaycan”, “Global Innovations” and “Drakaris” were granted licenses to operate as payment organizations. Thus, the total number of organizations with licenses in this area has reached 12.

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