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TelCell allowed by Armenian regulator to issue electronic money

23.02.2016 13:42

TelCell allowed by Armenian regulator to issue electronic money

YEREVAN, February 22. /ARKA/. The Central Bank of Armenia said today it has given TelCell company a permission to issue electronic money.

Arthur Khachatryan, head of a TelCell’s unit in charge of business development, told ARKA that the company launched TelCel money transfer system, the permission for which was given by the regulator at the end of 2015 and the issuance of electronic money.

"Initially, this product will be available as a standard web and mobile electronic purse applications, and in the future we plan to unveil more interesting products," he said, adding that this product will be available to customers in the second quarter of 2016.

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Categories: Exchange market, General news, News, News of the hour | Comments Off on TelCell allowed by Armenian regulator to issue electronic money

Tags: Armenia, Central Bank, electronic money, Telcell

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