Tashkent, Uzbekistan (UzDaily.com) —  Another payment organization in Uzbekistan has lost its license, according to the Central Bank’s press service.

The Central Bank of Uzbekistan’s Board has revoked the license of United Payment Solution for operating as a payment organization. The decision was made because the company had not conducted any activity for a year following the receipt of its license.

The organization has also been removed from the register of payment companies.

Since May 2024, this marks the eighth payment organization in Uzbekistan to have its license revoked.