Regulatory Alerts2023-11-20
Added
PSD Circular Letter No. 08: Regarding Payment System Operator (PSO) License Cancellation of Walletmix Ltd.
The document announces the cancellation of the Payment System Operator (PSO) license for Walletmix Ltd. This action was taken under the authority granted by Rule 6(b) of the Bangladesh Payment and Settlement Systems Regulations, 2014, in accordance with condition (c) of the license issued to Walletmix Ltd, specifically to protect customer interests. The notice serves as a formal communication to all scheduled banks, mobile financial services providers, payment service providers, and payment system operators operating in Bangladesh regarding this regulatory decision.