Following the decision of the Board of the Central Bank of Azerbaijan (CBA) dated May 16, 2024, A-Solutions LLC and United Payment LLC are granted the right to operate as an electronic money organization, Ednews informs, citing the bank.
Meanwhile, Token Azerbaijan LLC received a license to operate as a payment organization.
According to the bank, the licenses were issued under the law On Payment Services and Payment Systems.
Other organizations that have applied for a license are currently being evaluated.