The Legal Foundation for Organising Payments
For a gambling operator, banking relations and the organisation of payments are not merely a technical matter: they rest on an entire infrastructure regulated by the Organic Law of Georgia on the National Bank of Georgia. The National Bank is the institution that builds the mechanism of clearing, settlement, payment services and payment systems, leads them and supervises them. This page explains what powers the National Bank holds in this field, how the institution of clearing and payment agreements works, and why it is critical that a virtual asset is not a lawful means of payment in Georgia.
From a practical standpoint, if your operations include player deposits, the payment of winnings, cash flows across a retail network of cash desks and settlement with foreign partners, your payment architecture must be assembled precisely within this lawful framework — otherwise compliance costs and risks rise sharply, and the reliability of every transfer comes into question.