Monday , October 24 2016

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Electronic payments: SBP Issues prepaid Card Regulations


KARACHI: The State Bank of Pakistan (SBP) issued on Monday Prepaid Card Regulations aimed at promoting electronic payments by introducing alternative digital means of payments and achieving greater financial inclusion. A prepaid card is a payment instrument built around a pay-early-spend-later model rather than the pay-now and pay-later models used in …

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