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⍰ ASK Do EMIs typically provide investment products or comprehensive wealth management services?

EMIs usually concentrate on electronic payment services and might not provide investment products or comprehensive wealth management services. Offering such financial products frequently necessitates additional regulatory demands and licensing. Nonetheless, the financial services landscape is developing, and regulatory modifications could potentially enable EMIs to expand their range of offerings in the future. EMIs that have an interest in furnishing investment products would need to effectively navigate and adhere to the particular regulatory frameworks of the jurisdictions where they conduct their operations.
 

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