Payment organization Click to be transformed into a JSC

Tashkent, Uzbekistan (UzDaily.com) -- Payment organization Click will be transformed into a joint stock company.

Investment company KAP DEPO announced the conclusion of an agreement to transform and reorganize Click from a limited liability company (LLC) into a joint stock company (JSC).

At the end of November 2023, the President of Uzbekistan signed a resolution “On measures to strengthen the protection of the rights of consumers of digital products (services) and the fight against offenses committed through digital technologies.”

According to this resolution, from 1 July 2024, payment system operators and payment organizations will be able to operate exclusively in the form of a joint stock company.

As part of the concluded agreement, KAP DEPO will provide full support to the payment organization Click in the process of transformation into a joint-stock company.