The State Bank of Pakistan (SBP) has awarded Safepay, a leading fintech innovator in digital payments, a full commercial license to operate as a Payment Service Provider (PSP), marking a pivotal milestone in the company’s growth.
Following a rigorous evaluation and successful pilot operations, Safepay earned the license by meeting stringent regulatory standards, showcasing its commitment to innovation and customer-focused solutions.
This approval empowers Safepay to expand its offerings, delivering a diverse array of digital payment solutions to businesses nationwide. The move aligns with the SBP’s strategic push to advance digital transformation and financial inclusion within Pakistan’s banking sector.
Leveraging cutting-edge technology and a customer-centric approach, Safepay is poised to redefine Pakistan’s financial ecosystem, driving greater accessibility and efficiency in digital transactions.
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