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BelCart: an e-money clearinghouse

Author: Mikhail Doroshevich


In order to promote e-money circulation in Belarus, Belarusian government has recommended Belarusian banks to use unified technical approaches to e-money circulation technology.

On September 29, 2005 Belarusian National Bank issued regulation concerning establishing of technical coordination center for e-money processing services - BelCart Paying System.

The decision has been taken in order to develop unified technical solutions for e-money circulation and to reduce costs of those using e-money systems.

Useful links:

National Bank of the Republic of Belarus

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