The State Bank of Vietnam (SBV) granted License No. 32/GP-NHNN on February 25th, 2016 to permit MOCA TECHNOLOGY AND SERVICE CORPORATION (MOCA.,CORP), to provide payment intermediary services
The State Bank of Vietnam (SBV) granted License No. 32/GP-NHNN on February 25th, 2016 to permit MOCA TECHNOLOGY AND SERVICE CORPORATION (MOCA.,CORP), which is located at 27 Ly Thai To street, Ly Thai To ward, Hoan Kiem District, Hanoi, to provide payment intermediary services, namely, services of electronic wallet and payment portal, supporting service for cash in and cash out, and electronic remittance.
MOCA.,CORP is required to comply with Decree No. 101/2012/NĐ-CP dated November 22, 2012 on non-cash payment, Circular No. 39/2014/TT-NHNN dated December 11, 2014 on guiding payment intermediary services, Circular No. 47/2014/TT-NHNN dated December 31, 2014 on technical requirements for the security of bank card payment equipment and relevant regulations, Circular No. 31/2015/TT-NHNN dated December 28th, 2015 on the assurance of information systems safety security in banking operations.
The License comes into force from the date of signing and is effective for 10 years.
Translated by Thoa Le