August 7, 2024, Baku: In accordance with the Law of the Republic of Azerbaijan "On Payment Services and Payment Systems," the evaluation of entities applying to the Central Bank for licenses to provide payment services is ongoing. Within the framework of these activities, by the decision of the Management Board of the Central Bank dated July 31, 2024, Drakaris LLC has been granted an open-ended license to operate as a payment institution.

The evaluation of other entities that have applied to the Central Bank for licenses to provide payment services is currently ongoing. Information regarding licenses issued for the provision of payment services is disclosed on the official website of the Central Bank.