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NBKR holds mobile balance payments violate law

The National Bank of the Kyrgyz Republic (NBKR) is insisting that the laws and regulations of Kyrgyzstan prohibit mobile operators from allowing customers to use their mobile balances to pay for other goods and services since mobile phone balances do not belong to the subscriber but are the operator’s income. NBKR, however, is open to considering proposed schemes from mobile operators once they can assure the balances are secured.

 

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