Optimum gets payment gateway licence
Tech service provider Optimum Solution & Services Ltd received the Payment System Operator (PSO) license from the Bangladesh Bank.
From now on, the company will be able to serve as a payment gateway for various business entities.
In a circular on Tuesday (23 August), the Payment System Department of the central bank informed all banks, mobile financial services providers, payment system operators and payment service providers of the approval.
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The central bank issued the license to Optimum solution & Services as the brand name of Easy Payment System (EPS) in line with the Bangladesh Payment and Settlement Systems Regulations-2014.
Optimum Solution and Services is an information solution developer that provides services and solutions and provides support to industries like IT, agriculture, telecommunications and project management.
PSO company operates a settlement system for payment activities among participants of which the principal participant must be a scheduled bank or financial institution such as a payment gateway, payment aggregator etc.
Earlier, the central bank issued payment service provider (PSP) and payment system operator (PSO) licences to ten more companies.
