Individual decision · BB · 26 Sep 2023
The Bangladesh Bank has granted a license to Paperless Limited to operate as a Payment System Operator (PSO) within the country, subject to the conditions specified in the department's letter PSD/AD&NDL(Paperless)/47/2023-2516. This authorization is issued under the powers conferred by Section 7(A)(e) of the Bangladesh Bank Order, 1972, and in accordance with the Bangladesh Payment and Settlement Systems Regulations-2014. 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
Bangladesh. www.bb.org.bd
Payment Systems Department
PSD Circular No.-11/2023
11 Ashwin, 1430
Date: -------------------
26 September, 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 Paperless Limited as a Payment System Operator (PSO).
Under the powers conferred by Section 7(A)(e) of the Bangladesh Bank Order, 1972, and in accordance with the "Bangladesh Payment and Settlement Systems Regulations-2014", the Bangladesh Bank has granted a license to "Paperless Limited" to operate as a Payment System Operator (PSO) within the country, subject to the conditions described in the department's letter No. PSD/AD&NDL(Paperless)/47/2023-2516.
Yours faithfully,
(Signature)
(Md. Motahim Billah)
Director (PSD)
Phone-9530334
Phone: 88-02-9550448, 9554899, IP: 88-02-55665001-6, Fax: 88-02-9530479, www.bb.org.bd
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“Under the powers conferred by Section 7(A)(e) of the Bangladesh Bank Order, 1972”
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Source: Bangladesh Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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