The Governor of the State Bank of Vietnam (SBV) granted License No.81/GP-NHNN on December 29, 2016 to permit WePay Payment Service Limited Liability Company (WePay) to provide intermediary payment services. The License comes into force from the date of signing and will be effective for 10 years.
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Accordingly, these services include electronic payment-portals, cash-collections and payments, and e-wallet services.
WePay Company is permitted to provide the above-licensed services. In the process of implementing intermediary payment services, WePay is required to comply with the scope, functions, processes and other articles as written in the registration of WePay at the SBV.
WePay is required to comply with Decree No. 101/2012/NĐ-CP dated November 22, 2012 on non-cash payments, Decree No.80/2016/ND-CP dated July 1, 2016 on revising certain contents of Decree No.101/2012/ND-CP, Circular No.39/2014/TT-NHNN dated December 11, 2014 issued by the SBV on guiding intermediary payment-services; Circular No.31/2015/TT-NHNN dated December 28th, 2015 on the assurance of information systems safety and security in banking operations, and relevant regulations.
Thoa Le