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PAYMENT SERVICES ACT 2019(ACT 2 OF 2019) PAYMENT SERVICES REGULATIONSFORM1APPLICATION FOR A PAYMENT SERVICE PROVIDER License UNDER SECTION 6(1) OF THE PAYMENTSERVICES ACT 2019 READ WITH REGULATION
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Step 1: Fill in the personal details section with your full name, address, contact information, and any other required information.
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Step 2: Provide details about the payment service you are applying for, including the amount requested and any relevant payment information.
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Anyone who is applying for payment services and needs to provide detailed information about the service requested.
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Specimen-form-1---application-for-payment-service is a standardized document used to formally request payment for services rendered or goods delivered, ensuring proper processing and record-keeping.
Individuals or organizations providing services or goods that are eligible for payment as stipulated by contracted agreements or applicable regulations are required to file this form.
To fill out the form, provide your name, contact information, service details, payment amount, and attach any required documentation such as invoices or receipts.
The purpose of this form is to standardize the payment request process, ensuring that all necessary information is provided for timely and accurate processing of payments.
The form must report the requester’s details, description of services/goods, payment amount, date of service, and any relevant transaction IDs or reference numbers.
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