Regulatory Alerts2023-09-26
Added
PSD Circular No. 11: Issuance of PSO license to Paperless Limited
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.
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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