Business news from Ukraine

National Bank issues licenses for payment organizations to 8 companies

30 April , 2023  

The National Bank of Ukraine in accordance with the requirements of the new law “On Payment Services” has included Ukrposhta, NovaPay and six other companies in the payment infrastructure register and issued eight more licenses to provide financial payment services.
According to a statement from the NBU on Friday evening, they also included FC MBK LLC, Diamond Pay, United Space FC, Finexpress FC, Capital Business Group and Payment Center FC.
Such decisions were taken by the Committee on the supervision and regulation of non-banking financial services markets on April 27 and 28, 2023.
The National Bank reminded that the law “On Payment Services” was introduced on August 1, 2022. According to the law, the financial market participants licensed to transfer funds in national currency without opening accounts may apply to the National Bank of Ukraine till April 30, 2023 inclusive, in order to “re-register” their license as required by the law.
According to the NBU, the payment infrastructure register currently includes BOT and 83 other companies and organizations.

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