These regulations are being issued with the following objectives:
- To provide regulatory framework for EMIs desirous of offering innovative payment services to the general public.
- To prescribe minimum service standards and requirements for EMIs to ensure delivery of payment services in a safe, sound and cost-effective manner.
- To outline the permissible activities that can be carried out by an EMI and its agents' network. IV. To provide a baseline for protection of EMI’s customers.
- To achieve the SBP’s objective of digital payments and financial inclusion.