The State Bank of Pakistan (SBP) has granted exchange companies permission to use Virtual Private Networks (VPNs) for securing crucial operations, including currency exchange, remittances, and utility bill payments.
This decision aims to enhance the security and efficiency of these operations, which require a secure network connection.
The SBP emphasized that all exchange companies must follow the prescribed rules and regulations to ensure the protection of data and network security while using VPNs.
The move is expected to bring more convenience and security to the daily functions of exchange companies, fostering a safer environment for financial transactions.