Pakistan Payment Laws: Comedy of Errors & Omissions
From the Blog faisalkhanPrologue Last year I wrote, what I thought to be candid (read: fair) assessment of State Bank of Pakistan’s newly released license application for becoming a Payment Service Operator (PSO) or a Payment Service Provider (PSP). The two articles can be read here: - How State Bank of Pakistan just killed the Payments & Fintech Startup Industry of Pakistan. - Murder on Chundrigar Road: How SBP killed the payments/fintech startup industry. The reaction from SBP, in particular from the Payment System’s Department was disappointing: I am essentially now a *persona non grata* at SBP. Doesn’t surprise me one bit. With the nincompoops at the helm of affairs at PSD, one really cannot expect them not to get fidgety and resort to all sort of nefarious attempts to discredit orpakistanblogs.blogspot.comRead Full Post
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