Thursday 22 September 2011

Hrvatski Telekom Obtained Approval for Issue of E-Money

T-HT Press - Hrvatski Telekom Obtained Approval for Issue of E-Money

21.9.2011

In accordance with the approval by the Croatian National Bank, Hrvatski Telekom has been authorized to issue e-money and provide financial transaction services related to issuing of e-money. Such services that are used all over Croatia include payment of parking fees and bus or tram tickets via SMS. The approval granted by CNB allows Hrvatski Telekom to continue to provide the current micro payment services (SMS parking and transport), and the method of use as well as the service price remains unchanged.

Moreover, HT has been enabled to provide specific payment services that are not related with issuing the e-money. Therefore, the obtained license serves as a basis for the introduction of new advanced services that will enable the users to pay for various products and services via their mobile handsets.

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