Corporate electronic payment instrument – definition and meaning of "Corporate electronic payment instrument"

Corporate electronic payment instrument — the specified electronic payment instrument is corporate. The use of a corporate electronic payment instrument may be carried out provided that the balance of electronic money does not exceed 600,000 rubles or an amount in foreign currency equivalent to 600,000 rubles according to the official exchange rate of the Bank of Russia at the end of the working day of the operator of electronic money¹.

Federal Law No. 161-FZ dated June 27, 2011 "On the National Payment System", as amended on November 28, 2018, Article 10, paragraph 7 // RSZ RF. 2011. No. 27. P. 3872. ↩