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SBP issues codes of payment cards

State Bank of Pakistan (SBP) has issued code of payment card to make modes of payments more secure.

As per the code card payment card service provider will make a comprehensive strategy for the protection of the cards and follow it.

Issuing the protective codes for payment cards aimed at for safeguarding interest of customers and cards to make payment system modern and stable.

The codes will take care of many risks for payment cards, data of card holder and its way of use.

An option has been assigned to Pakistan to adopt standard like of Euro pay Master card so that the country could be equated with such developed nations.