12:48 - 7.03.2025

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March 7, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has issued a license to Algoritma LLC to operate as an electronic money organization.

ABC.AZ informs with reference to the CBA that the license was issued on the basis of the law "On Payment Services and Payment Systems".

"Currently, the assessment of other organizations that have applied for a license to provide payment services is ongoing," the CBA said.