Fintech companies granted payment service license

2020-05-21 14:59:51

Ulaanbaatar/MONTSAME/. Fintech companies that qualified requirements stated in the Law on National Payment System have been granted the license of payment service today.    

In particular, a payment card processor license was issued to KKTT LLC and an e-money license was given to Super Up LLC and Ard Credit NBFI.

At the ceremony, Vice Governor of the Bank of Mongolia G.Enkhtaivan expressed confidence that the licensed Fintech Companies would introduce payment services that meet the interest of consumers, ensuring confidentiality and security and working reliably.