Payment Service Provider

Payment Service Provider (PSP)

Which is an institution other than a bank that provides services to facilitate payment transactions to service users, with several services that can be provided to service users as follows:

  1. Administration of Funding Sources (E-Wallet); Provision of Information Sources of Funds; Payment Initiation and/or Acquiring Services (Payment Gateway); and Remittance Services.
  2. Provision of Information Sources of Funds; and Payment Initiation and/or Acquiring Services (Payment Gateway).
  3. Remittance Service; and/or others determined by the Regulator.
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