SBP Issues Pilot Approvals to Seven PSO/PSP for Payment Digitization Operations
SBP Issues Pilot Approvals to Seven PSO/PSP for Payment Digitization Operations Seven new Payment System Operators/Payment Services Providers (PSO/PSP) are set to commence their operations in Pakistan to form a landscape of payment digitization system through various services. The State Bank of Pakistan (SBP) has issued in-principle and pilot approvals for these operators. Some of these operators have commenced their pilot operations, along with their business partners, while a couple of operators received approval for multiple services. According to the central bank, these entities will work...
Source: propakistani.pk