Tashkent, Uzbekistan (UzDaily.com) -- The Central Bank of Uzbekistan has announced the revocation of the license of one of the country’s payment organizations.

The regulator has revoked the license of Joint-Stock Company (JSC) Payment System Platform, which allowed it to operate as a payment organization.

According to the Central Bank, the decision was made due to the creation of conditions that facilitated payments and services prohibited by law.

As a result, JSC Payment System Platform has been removed from the register of payment organizations.