QI Net Adds 4 Activities to Its Services
The Central Bank of Kuwait issued a decision to amend QI Net's data to add real estate and printing activities, and remove invoice collection.
Translated by Qiyas from الأنباء — Original source
Ali Ibrahim: The Central Bank of Kuwait issued a decision to amend the records of providers of electronic payment services and electronic money, and operators of electronic payment systems, by making the following changes to the data of the Joint Automated Banking Services Company “K-NET”: adding four activities to the services provided, as follows: buying and selling land and real estate solely on behalf of the company; owning real estate and movable property for the benefit of the company; printing postal or fiscal stamps, printing banknotes on behalf of the state, and printing checks and title deeds; and money collection services and other valuable items. This comes alongside the deletion of the activity of collecting bills electronically and through direct point-of-sale terminals.
