CBA issued a mandatory order to payment organization

16:29 - 8.05.2025


May 8, Fineko/abc.az. The Central Bank of Azerbaijan (CBA) has issued a binding order to electronic payment organization Payriff.

ABC.AZ informs with reference to the CBA that the decision was made in connection with the violation of the requirements for the minimum amount of total capital provided for by the rules for the organization and operation of payment and electronic payment organizations.

In addition, the order includes the need to improve internal control systems in accordance with the Law on Payment Services and Payment Systems.