The Central Bank has registered [email protected], an electronic payment system run by Internet company Mail.ru Group, as a nonprofit organization, the group said Tuesday.
The registration is expected to be completed on Aug. 7, said Andrei Yefimochkin, head of [email protected]'s e-commerce department.
Under a law coming into effect in September, electronic payment systems are required to register either as nonprofit organizations or banks licensed by the Central Bank.
(MT)
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