Application submitted to CBA for activity as e-money organization

16:10 - 31.01.2024


January 31, Fineko/abc.az. The organization currently operating in the payment market has applied to the Central Bank with a request to act as an e-money organization.

ABC.AZ reports that CBA general director  Farid Osmanov stated about this at a press conference.

He added that organization's appeal is being considered: "This process will be carried out in stages."

According to CBA’s decision, the requirements for the authorized capital of e-money organizations are set at the level of 750,000 manats.