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In EU, Google gets E-Money License for operations

Shortpedia

Content Team

In European Union, Google Payment Lithuania, a company handled by the Google's parent Alphabet Inc., has been given an electronic money institution (EMI) license in Lithuania by the Bank of Lithuania on Friday, the reports have said. This license will allow the firm to issue and redeem e-money. A Google spokesperson said that they are working to improve all payments services and support their consumers.