KARACHI – The State Bank of Pakistan (SBP) has officially granted a full commercial licence to Safepay, enabling the fintech to operate as a Payment Service Provider (PSP) across the country.
This milestone follows an extensive period of evaluation and pilot operations, during which Safepay showcased its commitment to regulatory compliance, customer-centric services, and innovation in digital payments.
With the licence now in place, Safepay is set to expand its suite of services, offering comprehensive digital payment solutions to businesses throughout Pakistan. The development marks a major step forward in the company’s mission to simplify online payments and empower merchants with secure and seamless financial tools.
The SBP’s approval aligns with its broader agenda of fostering financial inclusion and accelerating digital transformation in Pakistan’s financial ecosystem. By leveraging cutting-edge technology and a strong focus on user experience, Safepay aims to play a pivotal role in reshaping the digital payments landscape in the country.
Safepay’s full commercial launch is expected to further catalyze the adoption of digital financial services among businesses and consumers alike, contributing to Pakistan’s growing fintech ecosystem.
