The Oversight Committee of the National Bank of the Kyrgyz Republic has suspended two licenses of Flash Pay LLC for three months starting November 10, 2026, for violations of legal requirements and regulatory acts.
The suspended licenses, dated February 15, 2022, include No. 3031150222 for accepting and processing payments and settlements for goods and services in favor of third parties via payment systems based on information technology and electronic tools, and No. 2029150222 for accepting, processing, and issuing financial information (processing, clearing) on payments and settlements of third parties to payment system participants.
The licenses will be suspended for 3 months.