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.