Is a payment provider, in State of Palestine

Law by Decree No. 41 of 2022 concerning National Payments, Art. 8 · Read the law's page

• Comply with the security and protection systems and procedures the Palestine Monetary Authority prescribes by instruction for a licensed payment-service or financial-technology company, apply them, and keep pace with their required development (Art. 8(2)(b)).when it serves a financial business
• This binds a company or a virtual-asset-service provider licensed by the Palestine Monetary Authority (PMA) to provide a payment service or a financial-technology service; providing any such service without a PMA license is separately prohibited by this decree-law (Art. 8(1)).