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⍰ ASK Can EMIs offer credit or loans?

While Electronic Money Institutions primarily specialize in digital transactions, certain regions permit them to offer credit or loans under specific regulatory guidelines. EMIs wishing to engage in lending services might need to secure supplementary licenses or approvals, and the scope of their lending operations is frequently limited by regulatory constraints. The capacity to extend credit varies, and EMIs must carefully navigate the regulatory environment of each jurisdiction to guarantee adherence to relevant legislation.
 

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