The State Bank of Pakistan (SBP) has granted Safepay a full commercial license to operate as a Payment Service Provider (PSP), marking a significant milestone in the fintech company’s journey.
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The approval follows a period of pilot operations and rigorous regulatory evaluation, during which Safepay successfully met the required standards. With this license, the company is now authorized to expand its digital payment services for businesses across Pakistan.
This development aligns with SBP’s ongoing efforts to advance digital transformation and financial inclusion in the country. Safepay aims to contribute to reshaping Pakistan’s financial ecosystem by leveraging modern technology and focusing on customer-centric digital solutions.
