E-money license in Republic of Georgia
The outstanding e-money payment provider permissions issued by the National Bank of Georgia. This license is ideal for any kind of electronic payment processes and electronic money issuing.
While many jurisdictions tighten their rules before issuing an e-money payment provider license, Georgia did the opposite and attracts nowadays more e-money provider than any other country in the world.
A top-infrastructure with excellent banks and direct access to the IBAN / SWIFT payment network allows maximum flexibility by receiving and sending electronic money.
Additionally, Georgia's biggest plus is a high level of privacy and data protection. Not just to the owner of a payment providing company - also to their clients.
A Georgia e-money license is able to take deposits of clients funds (electronically) and to wire, forward or send them to other customers.
A GEORGIAN E-MONEY PAYMENT PROVIDER LICENSE ENABLES YOU TO:
✅ take clients deposits
✅ install and open client accounts
✅ issue own prepaid cards (co-branding)
✅ transfer clients money from the client to client
✅ electronic payment processing
✅ escrow services (on request)
✅ issue electronic money