RegAlertIndividual decision · BB · 12 May 2025
PSD Circular No. 06: Regarding PSO license of Paysuite Fintech Limited
The Bangladesh Bank has granted a license to Paysuite Fintech Limited to operate as a Payment System Operator (PSO) within the country, subject to the conditions specified in its letter dated May 12, 2025. This authorization is issued under the powers conferred by Section 5(4) of the Payment and Settlement Systems Act, 2024. The circular notifies all scheduled banks, mobile financial service providers, payment system operators, and payment service providers operating in Bangladesh of this licensing decision.
50119
Bangladesh Bank
(Central Bank of Bangladesh)
Head Office
Motijheel, Dhaka-1000
Payment Systems Department
Division-1
PSD Circular No. 06/2025
Date: 28 Baisakh, 1432
12 May, 2025
Managing Director/Chief Executive All Scheduled Banks, Mobile Financial Service Providers, Payment System Operators, Payment Service Providers operating in Bangladesh
Regarding the granting of a license to Paysuite Fintech Limited as a Payment System Operator (PSO).
Under the powers conferred by Section 5(4) of the Payment and Settlement Systems Act, 2024, the Bangladesh Bank has granted a license to "Paysuite Fintech Limited" to operate as a Payment System Operator (PSO) within the country, subject to the conditions specified in the letter of this department bearing number PSD/EDCSL(Pesut)/65/2025-845 dated May 12, 2025.
Yours faithfully,
(Signature)
(Md. Sharafat Ullah Khan)
Director (PSD)
Phone-9530611
Phone: 88-02-9550448, 9554898, IP: 88-02-55662001-6, Fax: 88-02-9530471, Web: www.bb.org.bd
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- Issued under
- Payment and Settlement Systems Act, 2024Not in RegAlert
“Under the powers conferred by Section 5(4) of the Payment and Settlement Systems Act, 2024”
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