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EMI license

Paymax withdraws its EMI license

Islamabad, 0ctober 24, 2023 :The Chinese operator backed by Zong, CMPECC has withdrawn its license of Electronic Monetary Institution (EMI) after the operator carried out its  operations for more than one year under the brand of Paymax. The operator was awarded commercial license in March 2022 which launched the service of e-money wallets for merchants…

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