Monday, 27 May 2024 12:52

Odero becomes first payment institution licensed by Central Bank

Token Azerbaijan LLC (Odero) has become the first payment institution that got a license under the Azerbaijan Republic law on ‘Payment services and payment systems’, and in compliance with relevant requirements of the Central Bank of Azerbaijan, Caspian Energy Media reports with reference to Odero.

Having applied to the Azerbaijan Republic Central Bank in accordance with the requirements of the law, Odero successfully completed the licensing process whereupon it performs payment transactions through virtual POS on the basis of the Central Bank's license No. ÖT-001. accepts payments through links and QR, and executes recurring and subscription payments based on card memory.

It should be noted that Odero is part of Koch Holding, which is on the Fortune 500 list, and serves customers in Azerbaijan with online payment acceptance and e-commerce solutions. To get more detailed information about Odero's products and services, you can visit https://odero.az/ , the Information Center at 012 310 57 10, or its pages on various social networks.

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