ARKA News Agency, Armenia
Dec 22 2007

CBA licenses Mega Pantera for transfer services in Armenia

YEREVAN, December 22. /ARKA/. The Central Bank of Armenia (CBA) has
registered the Mega Pantera Ltd for money transfer services in
Armenia, the CBA Press Service reports.

The company has also been licensed for processing and clearing
transactions. Alongside with commercial banks, six non-banking
organizations have carried out money transfer activities in Armenia
so far.

These are: HayPost (Armenian Post), Depi Tun, Elver, Parvana Payment
& Account Organization, Tandem Payments, Tell Cell. The last two
organizations, as well as the Armenian Card Processing Center offer
payment & account and clearing services. Z. Sh. -0–