2023-04-02

Added

PSD Circular No. 02: Issuance of PSP license to Digital Payments Limited

The Bangladesh Bank grants a license to Digital Payments Limited to operate as a Payment Service Provider (PSP) under the brand name 'Pathao Pay' within the country. This authorization is issued pursuant to the Bangladesh Payment and Settlement Systems Regulations-2014, subject to the specific conditions outlined in the department's letter PSD/ADCS&DSL(Pathao)/35/2023-907.

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Bangladesh Bank (Central Bank of Bangladesh) Head Office Motijheel, Dhaka-1000 Bangladesh.

Payment Systems Department

PSD Circular No. 02/2023

18 Chaitra, 1429 Date: ------------------- 02 April, 2023

Managing Director/Chief Executive All Scheduled Banks, Mobile Financial Service Providers, Payment System Operators, Payment Service Providers operating in Bangladesh

Regarding the issuance of a license to Digital Payments Ltd (Pathao Pay) as a Payment Service Provider (PSP).

Under the powers conferred by Section 7(A)(E) of the Bangladesh Bank Order, 1972, the Bangladesh Bank has granted a license to "Digital Payments Ltd" to operate as a Payment Service Provider (PSP) under the brand name "Pathao Pay" within the country, subject to the conditions described in the department's letter PSD/ADCS&DSL(Pathao)/35/2023-907, in accordance with the "Bangladesh Payment and Settlement Systems Regulations-2014".

Sincerely,

(Signature)

(Muhammad Badujjaman Dider) Director (PSD) Phone-9530611

Phone: 88-02-9550448, 9554896, IP: 88-02-55645001-6, Fax: 88-02-9530479, www.bb.org.bd