Our company has received an electronic money organization license for an indefinite period from the Central Bank.

Our company received an electronic money institution license from the Central Bank

According to the Law of the Republic of Azerbaijan on Payment Services and Payment Systems, our company "Modenis LLC" received the first Electronic Money Institution license for cash and non-cash payment systems in accordance with the relevant requirements of the Central Bank of the Republic of Azerbaijan.

According to the decision, the license was issued for an indefinite period.

"Modenis LLC" currently provides customers with reliable and convenient implementation of utility, bank, government, internet and other payment services.

Note that the license gives the right to perform the following payment services in accordance with the Law of the Republic of Azerbaijan "On Payment Services and Payment Systems":

• Acquisition of payment transaction;


• Issuance of electronic money and execution of payment transactions with electronic money.