Payment system operators. 2 – Registration and Operation of Non .

Payment system operators Sep 17, 2019 · By Lee C. Mar 21, 2024 · The process involves granting licenses to payment system operators (PSOs) and payment services providers (PSPs), and approving modifications to the license to incorporate new payment services or systems, or to implement changes in the operations or activities of the licensed organization. A 'payment system' is a system that enables clearing, payment or settlement (or all of them) between a payer and a beneficiary and The RBI has released a new framework governing the outsourcing of activities by non-bank payment system operators. The emergence of organizations in the national payment system that are specializing in the provision of payment services enhances the transparency of the payment services market, allows to create a clear struc- ture for supervision and oversight of national payment system entities and objects, enables the Bank of Russia to regulate the national payment system on the basis of common approaches. Jun 2, 2023 · In a move to ensure safety and security of digital payments amid emerging cyber risks, the Reserve Bank of India (RBI) on Friday announced draft regulations for payment system operators (PSOs). It outlines the online registration process and requirements, including conducting a self-assessment and deadlines. Payment system operators should work on formation of self-regulatory organisations (SROs) for greater good of all stakeholders. 1049, Series of 2019 (Circular 1049) on the rules and regulations on the registration of operators of payment systems (OPS). A Labuan Payment System is primarily intended for cashless transactions. Oct 9, 2024 · We look at the world's most popular and prestigious payment networks to see what makes them so special, including Visa, WeChat, Amex, Mastercard and more PAYMENT SYSTEM OPERATORS Ethswitch S. Introduction of the Circular The Reserve Bank of India (RBI) has issued Master Directions on Cyber Resilience and Digital Payment Security Controls for non-bank Payment System Operators (PSO) on 30 July 2024. A payment system is any system used to settle financial transactions through the transfer of monetary value. They enable businesses to accept a wide range of payment methods, including credit cards, debit cards, digital wallets, and bank transfers, through a single platform or integration. Approvals for In-Principle Phase, Pilot Operations and Commercial Operations of PSOs/PSPs are granted on the basis of information submitted by applicants in accordance with the PSO/PSP Rules. In this update we summarize the salient features of this framework and its implications. co. ug Apr 30, 2025 · SIRPS operators will be subject to heightened supervision in three areas, in addition to various BOT regulations on designated payment system supervision, as follows: Ensuring safety and security of payment systems is a key objective of the Reserve Bank. Experts across the fields of policy, compliance, communications, economics, project management, business operations and human resources, all work together to get the best outcomes for everyone using the payment systems. For the purposes of this Notice, a payment system includes, but is not Apr 5, 2023 · Inaugural address by Mr Shaktikanta Das, Governor of the Reserve Bank of India, at the Payment System Operators (PSO) conference, Kochi, 18 March 2023. The classification of euro area Jan 2, 2020 · Payment Network Malaysia Sdn Bhd (“PayNet”) is an approved payment system operator under the FSA and owns several payment networks in Malaysia. It also covers registration through notification for banks and electronic money issuers operating as payment system operators. Sep 22, 2021 · The Bangko Sentral ng Pilipinas (BSP) has issued the governance policy for Operators of Payment System (OPS). Faster processing times - well integrated payments systems improve payment acceptance rates and overall processing times Operational efficiency - the use of automated payment operations systems cuts down on tedious manual workflows, reduces the risk of human error, and leaves your team free to focus on more important tasks. To ensure that the authorised non-bank Payment System Operators (PSOs) are resilient to traditional and emerging information systems and cyber security risks, it is proposed to issue Directions, covering robust governance mechanisms for identification, assessment, monitoring and management of these risks Jan 20, 2022 · 20 January 2022 On 15 December 2021, Bank Negara Malaysia (“ BNM ”) issued an exposure draft which sets out the proposed requirements and guidance for payment systems’ operators that have been approved under section 11 of the Financial Services Act 2013 or the Islamic Financial Services Act 2013. 2 – Registration and Operation of Non Payment System Operators are those systems established with the objective of processing, routing/switching, operation, control and clearing of payment related activities. The above list shall not be construed as an endorsement of the respective PSO/PSP's business model, financial position or operational soundness. List of online payment service providers The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: (POS -- Point of Sale) 1-2 The scope of CBE's oversight policy will extend to; bank and nonbank payment system operators and participants, payment service providers, and their agents, payment schemes and instruments, international electronic payment systems (including those outside Egypt as they serve users in Egypt), outsourced services (The services that licensed entities assign to a third party to perform any Payment Instrument Issuer and Payment system operator ONPS/04/2021 6 days ago · Publications - Reserve Bank of IndiaBack to previous pagePublications - Reserve Bank of India National Bank of Ethiopia Payment and Settlement Systems Directorate A Complete Guide on Payment System Operator License Process Jul 29, 2025 · Today, the New Payment System Operator (NPSO) has taken over responsibility for the operation of two of the UK’s retail payment systems – Bacs and Faster Payments. 194 of 2020 regulating the banking sector, as per an announcement. This move aims to streamline the industry, enhance security, and foster innovation under the new Banking Law. The payment system operator directive covers 5 categories of licenses of which a company can choose to apply for one or multiple licenses as per its need while the regulation prohibits a payment system operator from engaging in other business activities including payment instrument issuer business ( Mobile money and the likes). Oct 10, 2015 · An Inter-operable universal switch for all QR based payment operator Provide a comprehensive eco-system for all stakeholders in Pakistan to transact QR based payments with settlements Traderoot Payment System Operator ensures secure, efficient, and compliant management of financial transactions and networks. 1-2 The scope of CBE's oversight policy will extend to; bank and nonbank payment system operators and participants, payment service providers, and their agents, payment schemes and instruments, international electronic payment systems (including those outside Egypt as they serve users in Egypt), outsourced services (The services that licensed entities assign to a third party to perform any Jun 12, 2025 · Building a payment-enabled product in the Philippines? You'll need to be an operator of payment system registered with BSP. 1 – Licensing and Operation of Interbank Payment Systems; or Payments System Guideline No. The upsurge in the global cryptocurrency market and the coronavirus pandemic led a considerable population to shift to online payment methods. This document provides guidelines for the registration and notification requirements of operators of payment systems with the Bangko Sentral. Oct 8, 2019 · The Bangko Sentral ng Pilipinas (the BSP or the Philippines' central bank and monetary authority) has recently issued Circular No. The PSO Exposure Draft is intended to apply to all approved operators of a payment system under the Malaysian Financial Services Act 2013 and Malaysian Islamic Financial Services Act 2013. DGePay is the first licensed Payment System Operator (PSO) in Bangladesh from Bangladesh Bank for White Label Merchant Acquiring (WLMA). Jul 30, 2024 · In a move to bolster the security and resilience of the digital payment ecosystem, the Reserve Bank of India (RBI) on Tuesday, July 30, issued Master Directions on Cyber Resilience and Digital Payment Security Controls for non-bank Payment System Operators (PSOs). This strategic initiative, part of the broader legislative framework under Law No. Approved on March 1, Circular 1138 is authorized by the National Payment Systems Act, which allows the BSP to oversee and ensure the efficiency, safety, and reliability of the […] Explore the latest list of licensed payment system operators in Ethiopia, including EthSwitch, Chapa, ArifPay, PawaPay, and others. The objectives of the PSO Exposure Draft are to: (i Systems need to be transparent to gain trust and accessible to a wide range of businesses and service-users who in turn can deliver competitive services to consumers. The Board for Regulation and Supervision of Payment and Settlement Systems (BPSS), a sub-committee of the Central Board of the RBI is the highest policy making body on payment systems in India. The ‘Outsourcing and third party risk management: recognised payment system operators and specified service providers’ part of the Code of Practice (CoP) published under section 189 of the Act only applies to relevant RPSOs and SSPs. This is reflected in the physical payment system infrastructure implemented throughout the country. Apr 8, 2022 · The Reserve Bank of India (RBI) proposed issuing recommendations on Cyber Resilience and Payment Security Controls for Payment System Operators at its monetary policy meeting on April 8, 2022. New Compliance Requirements for Payment Companies in India On August 3, 2021, the RBI released a framework (New Framework) to regulate the outsourcing of payment and settlement-related activities by non-bank Payment System Operators (non-bank PSOs), including card networks and prepaid payment instrument companies operating in India. Mar 19, 2023 · Outsourcing arrangements of payment operators with their vendors need special attention and these agreements should meet minimum standards prescribed by the Reserve Bank, he said. com License Date: DECEMBER 25, 2014 License Number: PSO/002/2014 Current Status: Commercialized In order to create an enabling regulatory environment and bring systemic harmony, introduce standardization and setting benchmarks, SBP issued Rules for Payment System Operators (PSOs) and Payment Service Providers (PSPs). Nov 14, 2025 · RBI recognises SRPA as the SRO for digital payment firms, strengthening governance and compliance for Payment System Operators in India. A payment system operator owns, operates and administers a payment system, a system which is used to settle the transfer of funds/financial transactions (the system includes the institutions, the people, the rules and procedures, standards, and the technology that make the financial transaction possible). This includes the institutions, payment instruments such as payment cards, people, rules, procedures, standards, and technologies that make its exchange possible. Jun 19, 2025 · In line with its mandate to foster innovation in digital payments and ensure the delivery of secure and efficient financial services to all beneficiaries across the Arab Republic of Egypt, the Central Bank of Egypt (CBE) has issued its licensing and registration rules for Payment System Operators (PSOs) and Payment Service Providers (PSPs), in accordance with the provisions of the Central Bank Oct 25, 2023 · The Delhi High Court observed that the inclusion of the phrase "enabling" in the definition of a "payment system operator" embraces systems that facilitate, enable, or promote payment transactions MONETARY AUTHORITY OF SINGAPORE Designated Payment System Operator Designated Payment System Settlement Institution Payment Instrument Issuer and Payment system operator ONPS/04/2021 6 days ago · Publications - Reserve Bank of IndiaBack to previous pagePublications - Reserve Bank of India National Bank of Ethiopia Payment and Settlement Systems Directorate A Complete Guide on Payment System Operator License Process Jul 29, 2025 · Today, the New Payment System Operator (NPSO) has taken over responsibility for the operation of two of the UK’s retail payment systems – Bacs and Faster Payments. Following its publication on 16 September Jul 26, 2024 · The Payment Systems Regulator (PSR) is the economic regulator of the UK’s payment systems. It proposed that such norms would be implemented from April 1, 2024, for large non-bank-PSOs. System Operator and Payment Service Provider (PSO and PSP) means such Authorized Party that is a company registered under Companies Ordinance 1984 and is engaged in operating and/or providing Payment Systems related services like electronic payment gateway, payment scheme, clearing house, ATM Switch, POS Gateway, E-Commerce Gateway etc. Therefore, prudent business operators wishing to operate a payment system or provide payment services in Thailand An entity wishing to operate a payment system or to be licensed as a Payment System Operator is required to submit an application via the GoAnywhere Portal to the Central Bank as guided by the: Financial Institutions Act, Chap 79:09; Payments System Guideline No. [1][2] A payment system is an operational network which links bank accounts and provides for monetary exchange using bank Oct 22, 2020 · Exceptional to this category, foreign-owned payment gateway operators are allowed to offer online payment processing services by partnering with a local financial institution. Oct 10, 2015 · An Inter-operable universal switch for all QR based payment operator Provide a comprehensive eco-system for all stakeholders in Pakistan to transact QR based payments with settlements Aug 2, 2022 · The Reserve Bank of India ("RBI") has issued a directive on July 4, 2022 ("Directive"), amending the existing regulatory requirements governing the… Jun 3, 2023 · RBI has released the draft Master Directions on Cyber Resilience and Digital Payment Security Controls for Payment System Operators (PSOs). Comprehensive Guide to Obtaining a PSO and PSP License in Bangladesh Introduction The Bangladesh Bank, under its regulatory framework outlined in the Bangladesh Payment and Settlement Systems Regulations, 2014 (BPSSR 2014), oversees the licensing and operation of Payment System Operators (PSOs) and Payment Service Providers (PSPs). Designated payment systems We can only use our regulatory powers in relation to payment systems designated by HM Treasury, which keeps this list under review. This plan has been implemented as per the guidelines of the Payment and Settlement Systems Act, 2007. (ITC PLC) is the only authorized Payment System Operator (PSO) in Bangladesh licensed by Central Bank to provide the banks and financial institutes Electronic Payment and Transaction Processing Services as a third-party processor. Jun 23, 2025 · On 19 June 2025, the Central Bank of Egypt (“ CBE ”) issued long-anticipated Licensing and Registration Rules for Payment System Operators (“ PSOs ”) and Payment Service Providers (“ PSPs ”) (the “ Rules ”). BNM is the largest shareholder of PayNet, along with 11 other Malaysian banks as joint shareholders. Issued pursuant to Articles 184 to 200 of Banking Law No. micropay. Aug 22, 2025 · Payment system operators (PSOs), like Visa or Mastercard®, manage the infrastructure and networks that facilitate payments. . The chapter discusses the central bank’s supervisory responsibilities in the payment system and its responsibilities as a payment system operator, especially regarding large-value transfers. These directions aim to enhance the Jun 22, 2025 · T he Central Bank of Egypt (CBE) has unveiled comprehensive new rules for licensing and registering payment system operators (PSOs) and payment service providers (PSPs). The following is a list of notable online payment service providers and payment gateway providing companies, their platform base and the countries they offer services in: Nov 5, 2025 · Also known as payment processors, these payment companies allow customers to submit payment information through a payment gateway, such as a physical card reader, mobile phone reader or an online payment portal. Jan 25, 2022 · Bank Negara Malaysia has issued an exposure draft on payment system operators, which is applicable to operators that have been approved under the Financial Services Act 2013 or the Islamic Jun 24, 2025 · The Central Bank of Egypt (CBE) has released comprehensive regulations for Payment System Operators (PSO) and Payment Service Providers (PSP), establishing a clear framework for licensing and operating in the country's digital payments sector. ethswitch. Approved on March 1, Circular 1138 is authorized by the National Payment Systems Act, which allows the BSP to oversee and ensure the efficiency, safety, and reliability of the […] The emergence of organizations in the national payment system that are specializing in the provision of payment services enhances the transparency of the payment services market, allows to create a clear struc- ture for supervision and oversight of national payment system entities and objects, enables the Bank of Russia to regulate the national payment system on the basis of common approaches. Payment System Operators (PSOs) Designated payment system operators operate payment systems designated under the Payment Services Act. The move comes as part of the CBE’s efforts to keep up List of Authorized Payment System Operators (PSOs) and Payment Service Providers (PSPs) under Rules for PSOs and PSPs Dec 18, 2021 · What is the difference between a Payment System Operator and a Payment System Provider? A Payment System Operator (PSO) manages and operates the infrastructure for payment settlement among participants, including banks and financial institutions. We collaborate with the payment systems operators, payment service providers and others to enable new payment systems to be developed and existing payment systems enhanced. MAS may designate a payment system if it is considered a systemically important payment system or a system-wide important payment system, or where it is otherwise in the public interest to do so. Traderoot Payment System Operator ensures secure, efficient, and compliant management of financial transactions and networks. Website: www. According to the Bank of International Settlements (BIS), a payment system “consists of a set of instruments, banking procedures and, typically, interbank Mar 4, 2022 · The Bangko Sentral ng Pilipinas (BSP) has issued standardized reporting requirements for operators of payment systems (OPS) and also required periodic independent reviews of such reports. While PSPs connect businesses to these systems, enabling them to accept a range of online payment methods through one platform. Notification No. State Bank of Pakistan shall bear no responsibility for any The BSP performs the following roles in the payment and settlement systems: Operator of the Peso Real Time Gross Settlement (RTGS) System known as the PhilPaSSplus Provider of credit facilities to banks as a lender of last resort Overseer of the payment and settlement systems User of its own RTGS system Inititate changes/reforms for the Jul 30, 2024 · The Reserve Bank of India (RBI) issued guidelines for non-bank payment system operators (PSOs) to ensure that they are resilient in the face of existing and emerging information systems and cyber security risks. Licensed Bank: A bank licensed to carry on banking business pursuant to the Banking Control Law promulgated by Royal Decree No. Jan 22, 2025 · Within the payment industry ecosystem, issuing banks, acquiring banks, payment processors, payment gateways, and payment networks collaborate to ensure smooth operations. Electronic payments for goods and services are made through traditional The Bangladesh Bank shall provide oversight and supervision of payment systems, payment system operators, payment service providers and payment system participants as it deems necessary to ensure the safety and soundness of such systems. For medium Jun 19, 2025 · Cairo – June 19, 2025: In a move to strengthen the digital payments landscape and enhance financial service security and efficiency, the Central Bank of Egypt (CBE) has announced the issuance of new regulations governing the licensing and registration of payment system operators and payment service providers. 2560 (2017) to promote transparency and good governance in the payment industry. The move comes as part of the CBE’s efforts to keep up Learn about the PSR’s purpose and how we work to make UK payment systems fair, reliable, innovative, and effective for everyone. It's time to get on board with the digital world. The guide details the procedures and requirements for obtaining a Payment System Operator Licence, covering phases such as application submission, business plan development, company formation, authorisation, licensing and service "payment system" means a funds transfer system or other system that facilitates the circulation of money, and includes any instruments and procedures that relate to the system. On 31 March 2022, the National Bank of Ethiopia (NBE) issued the Payment System Operator Licence (Applicant Guide). Objectives Administer the Payment and Settlement Systems (Oversight) Act, Cap 251, with due regard to developments in international good practice standards. 194 of 2020, the Rules aim to strengthen the regulatory environment for Egypt’s digital payments sector and Jun 21, 2025 · The Central Bank of Egypt (CBE) has unveiled a comprehensive set of regulations governing the licensing and registration of payment system operators and electronic payment service providers Sep 2, 2021 · Operators of payment systems (OPS) under the NPSA are those who provide clearing or settlement services in a payment system, or defines, prescribes, designs, controls or maintains the operational framework for a payment system. The updated framework is designed to align with the evolving dynamics of electronic At the PSR, we're here to make sure that people get the payment systems they need - allowing people and businesses to move payments between each other. For medium Oct 18, 2017 · Practical Steps for Registration In our experience, despite the clarification provided by this new legislation, it is still relatively difficult to determine which type of license or registration will be required to operate an e-payment system or service businesses in Thailand. Licensee: a Payment System Operator or Payment Service Provider licensed under the provision of the Law and the Implementing Regulation and the like. Feb 26, 2020 · All BSP-supervised institutions that offer bills payment, as well as those who perform services resulting to becoming a provider of such services are considered as operator of payment systems (OPS), which means they must register with the BSP as one. Jul 25, 2023 · Payment Systems Department (PSD) awards licenses in two major categories, according to the “Bangladesh Payment and Settlement Systems Regulation-2014 (BPSSR-2014)”: Payment Service Provider (PSP) and Payment System Operator (PSO). This distinction is mainly based on criteria related to size, market share, cross-border activity and the provision of settlement services to other financial market infrastructures. Learn more here. SorKorChor 2/2566 (“Notification 2”) increases the required qualifications for applicants seeking a license to provide payment services designated as Dec 22, 2024 · PSO and PSP in Nepal Overview: Payment System Operators (PSOs) A payment System Operator (PSO) is a licensed company that provides payment system-related services like electronic payment gateway, payment scheme, ATM Switch, Point of Sales (POS), and such. Jun 5, 2023 · RBI has released draft cybersecurity directions for digital payments and payment system operators (PSOs) outlining baseline security measures. Feb 5, 2021 · Notifications - Reserve Bank of IndiaHome NotificationsNotifications Dec 22, 2024 · PSO and PSP in Nepal Overview: Payment System Operators (PSOs) A payment System Operator (PSO) is a licensed company that provides payment system-related services like electronic payment gateway, payment scheme, ATM Switch, Point of Sales (POS), and such. Jun 19, 2025 · The Central Bank of Egypt (CBE) has issued new rules for the licensing and registration of payment system operators (PSOs) and payment service providers (PSPs), in accordance with the provisions Aug 4, 2021 · The Reserve Bank of India (RBI) has launched a new framework for payment and settlement activities conducted by Payment System Operators (PSOs). Explore the latest list of licensed payment system operators in Ethiopia, including EthSwitch, Chapa, ArifPay, PawaPay, and others. Jan 24, 2022 · Bank Negara Malaysia, the Central Bank of Malaysia, has on 15 December 2021 issued an exposure draft of the Payment System Operator policy document. E. Jun 19, 2025 · Arab Finance: The Central Bank of Egypt (CBE) has issued new rules for licensing and registering payment system operators and payment service providers, in line with law No. Formulate policy provisions to promote digital payments, Issue license to eligible institutions as Payment System Operators (PSOs) and Payment Service Providers (PSPs), Regulate licensed PSOs and PSPs, Oversight of PSOs and PSPs, Operate Real Time Gross Settlement (RTGS) System. IT Consultants PLC. Learn about their services, contacts, and current license status. A payments System refers to a system or arrangement that enables payments to be effected between a payer and a beneficiary, or facilitates the circulation of money, and includes any instruments and procedures that relate to the system. Jan 25, 2022 · Bank Negara Malaysia has issued an exposure draft on payment system operators, which is applicable to operators that have been approved under the Financial Services Act 2013 or the Islamic Jun 2, 2023 · In a move to ensure safety and security of digital payments amid emerging cyber risks, the Reserve Bank of India (RBI) on Friday announced draft regulations for payment system operators (PSOs). Chipongian The Bangko Sentral ng Pilipinas (BSP) has issued the rules and regulations to guide the registration process of operators of payment systems (OPS) that is consistent with the National Payment Systems Act. The master circular, issued on Tuesday evening on ' cyber resilience and digital payment security controls,' stipulates a compliance structure and sets different timelines for PSOs Jul 14, 2023 · The Bank of Thailand (BOT) has issued new notifications amending regulations for payment businesses that fall under the Payment Systems Act B. acting a Jun 5, 2023 · What are Payment System Operators (PSOs)? Payment System Operators (PSOs) are entities that facilitate the movement of funds between payers and payees in electronic payment systems. SorKorChor 2/2566 (“Notification 2”) increases the required qualifications for applicants seeking a license to provide payment services designated as Jan 2, 2020 · Payment Network Malaysia Sdn Bhd (“PayNet”) is an approved payment system operator under the FSA and owns several payment networks in Malaysia. Oversee and regulate payment service providers, payment system operators and payment instruments in Brunei Darussalam using a proportional regulatory framework that safeguards customers, ensures a level playing field for providers and Aug 21, 2024 · Payment System Operators originally were the Clearing Corporation of India Limited (CCIL) and the National Payment Corporation of India (NPCI). Following its publication on 16 September Introduction South Africa, like many African countries, has varying requirements for payment systems and payment instruments. Nov 13, 2024 · Payment service providers (PSPs) are companies that facilitate electronic payment transactions between various parties, such as customers, businesses, and banks. We are building the largest merchant payment network allowing seamless money transfer through our DGePay Mobile app. (M/5) dated 22/2/1386H. Directive on licensing and authorization of payment system operators by the National Bank of Ethiopia. These directions come into effect on July 30. Introduction South Africa, like many African countries, has varying requirements for payment systems and payment instruments. T he newly Oct 18, 2022 · operators of payment systems, including operators of a payment card network, approved under section 11 of the Financial Services Act 2013 or the Islamic Financial Services Act 2013. Eurosystem oversight of payment systems primarily distinguishes between systemically important payment systems (SIPS) and non-systemically important payment systems (non-SIPS). 194 of 2020, seeks to align the nation’s financial services with the rapid technological advancements shaping the global economy. Mar 4, 2022 · The Bangko Sentral ng Pilipinas (BSP) has issued standardized reporting requirements for operators of payment systems (OPS) and also required periodic independent reviews of such reports. These licenses are essential for businesses that facilitate or Jul 30, 2024 · The Reserve Bank of India (RBI) on Tuesday issued final guidelines on cyber resilience and digital payment security controls for non-bank payment system operators (PSOs), wherein it has mandated different timelines for these entities, based on their sizes, to set up necessary compliance structures. C National Switch Operator 251115571204 Fax: 25115571115 info@ethswitch. In urban areas, sophisticated first-world electronic facilities and instruments are demanded, while in remote rural areas, the predominant requirement is cash-based. WHAT IS A PAYMENT SYSTEM? Labuan Payment System Operator License If you are contemplating about applying for Labuan Payment System Operator License, Tetra Consultants advises you to read through this guide to fully understand the requirements and the procedure to be followed. The exposure draft outlines requirements that aim to: ensure the safety, efficiency and Aug 11, 2022 · Background: On July 4, 2022, the Reserve Bank of India (“ RBI”) clarified to all banks and non-bank payment system operators (“ PSOs”) that its prior approval would be required for any (a) takeover/ acquisition of control, which may or may not result in change of management; and (b) sale/ transfer of payment activity to an entity not authorised for undertaking similar activity Oct 18, 2017 · Practical Steps for Registration In our experience, despite the clarification provided by this new legislation, it is still relatively difficult to determine which type of license or registration will be required to operate an e-payment system or service businesses in Thailand. com www. fbmnot nwytb pqbex ixst twpbmp almm iicdop numqxck dcwxrr gtlu nygymri bcrt pgzcx iqeim qarxq