Central Bank of Uzbekistan revokes licenses from 3 payment organizations

Tashkent, Uzbekistan (UzDaily.com) -- In accordance with Article 25 of the Law of the Republic of Uzbekistan "On payments and payment systems", based on the decision of the Board of the Central Bank of the Republic of Uzbekistan dated 20 May 2023, the licenses of 3 payment organizations to carry out payment organizations were recalled and excluded from the register of payment organizations:

- Limited liability company "Instant Payment Solutions" upon the application of the organization to revoke the license;

- Limited Liability Company "Source to Pay" due to the suspension of its activities for more than six months;

- limited liability company "TAPP PAYMENT", in connection with the failure to carry out its activities within one year from the date of receipt of the license.