OSSL received Payment System Operator (PSO) license from Bangladesh Bank

Technology solution-providing company Optimum Solution and Services Ltd. (OSSL) received the Payment System Operator (PSO) license from Bangladesh Bank on 23 August 2022. This license allows OSSL to operate as a PSO under the brand Easy Payment System (EPS).

With this authorization, EPS is able to provide financial transaction services to individuals and businesses. EPS promises to unveil new horizons to the digital financial ecosystem. Thereupon, the theme of EPS always remained - Easy Solution for All Transactions.

News on EPS license was published by The Daily Star, a leading English newspaper in Bangladesh.

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Optimum Solution gets licence to run payment system

— By The Daily Star

OSSL received Payment System Operator (PSO) license from Bangladesh Bank

Optimum Solution & Services Ltd has received a licence from the Bangladesh Bank to operate as a payment system operator.

The company will run the operation under the brand name of Easy Payment System (EPS), according to a notice of the central bank yesterday.

Optimum Solution is an information solution developer that provides services and solutions and supports industries such as IT, agriculture, telecommunications, manufacturing, and health, said its website

PSOs operate a settlement system for payment activities between or among participants of which the principal participant must be a scheduled bank or financial institution. They are also known as payment gateways and payment aggregators.

Authorised PSOs in Bangladesh include IT Consultants Ltd, Software Shop Ltd, ShurjoMukhi Ltd, Portonics Ltd, Walletmix Ltd, and Soft Tech Innovation Ltd.”

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