ABG Technologies Limited, a concern of Bashundhara Group, has been awarded with Payment Service Provider (PSP) licence to run electronic wallet in the country.
Payment system department of Bangladesh Bank issued a circular on Thursday regarding the development.
The PSP is a third-party company that grants businesses access to the electronic payment methods that their customers want. ABG Technologies is developing a mobile app – ‘Pocket’ to provide the digital payment service.“ABG Technologies Limited has been awarded with PSP licence to run operations inside the country following Bangladesh Payment and Settlement System Regulations-2014,” read the circular signed by Muhommad Badiuzzaman Dider, Director at PSD of Bangladesh Bank.
Bd-pratidin English/Golam Rosul
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