Regulation of electronic money bill was passed - Hometown

Payment and Securities Settlement Systems, Payment Services and Electronic Money Institutions principles and procedures for determining the draft law was passed by the Parliament.

According to the law, the payment provider can not be found in the lending business.

through banks to carry out the activities of

electronic money institutions.

electronic money issuer will issue electronic money institution until the funds

According to the law

system operated by the system operator. For participation in the functioning of the system and the system of rules and regulations issued by the Central Bank in accordance with the contracts to be determined by the system operator.

Central Bank, the systems make the necessary arrangements to ensure a smooth and uninterrupted operation.

system operator, who can run the system with the permission of the Central Bank under the arrangement.

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