ABG Technologies gets payment service provider licence
ABG Technologies Ltd has received a licence from the central bank to operate as a payment service provider in the country.
The Bangladesh Bank issued a circular to this effect today.
PSP licence-holders can facilitate payments directly to customers and settle transactions through a bank or financial institution.
Other PSP licensees in the country are iPay Systems, D Money Bangladesh, Recursion FinTech, Green & Red Technologies, and Progoti Systems.