Press Releases
CBK Adds 2 New Companies to e-Payment Services Providers, e-Money Services Providers & e-Payment Systems Operators Register
Continuing its efforts to encourage innovation in financial services, enhance electronic payment services and regulate these activities, ensure providing high-quality, efficient and secure services to the public, and improve effectiveness and flexibility of financial transactions, the Central Bank of Kuwait (CBK) approved the registration of two companies, in which, one to practice as a Large e-Money Services Provider (EMSP), and one company as a Small e-Payment Services Operator (EPSO).
This came in a press statement, in which CBK stated that the approved companies were registered in the register of EPSP, EMSP and EPSO and the companies are as follows: Automated Services Network Company (ENET) to practice as a Large e-Money Services Provider (EMSP), while ECOM Payments for Electronic Services to practice as a Small e-Payment Services Operator (EPSO).
CBK concluded its statement by stressing the importance of dealing with financial institutions licensed by CBK to practice activities in these areas. The following are the related links:
