Regulations for Electronic Money Institutions

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.

Document Details

Document Type: 
Document Topic: 
Doument Author (Entity): 
Authoring Country: 
Issue Status: 
Date of Document: 
Monday, April 1, 2019
Document Authors: 
State Bank of Pakistan, Payment Systems Department
Language (This Document): 
English

Legal Disclaimer: The content appearing on this site is for general information purposes only and made available on an "AS-IS" basis. The law is subject to change and no representation or warranty is made with regard to accuracy or fitness for a particular purpose.