DGepay gets payment operator’s licence
DGepay Services Limited has received the licence to run as a payment system operator.
DGepay Services Limited has received the licence to run as a payment system operator.
The company will run operation as a white label merchant acquirer inside the country under the brand "DG e-pay", said the central bank in a notice yesterday.
For all latest news, follow The Daily Star's Google News channel. A white label merchant acquirer is a non-bank entity that deploys, owns and operates automated teller machines and offers in-store merchant acquiring services such as point of sale/quick response payments.
Besides, they may provide e-commerce merchant acquiring facilities as well.
DGepay is the first PSO in Bangladesh with a no-objection certificate from the central bank for white label merchant acquisition, according to the company's website.