Inventory of Business Licenses

                                                                        by the PSD (original) 

                                                                        - Address Certificate of the Director (Original)
- Resume of the Director (Original)
- Certificate of Source of Funding (Original)
- Copy of enterprise registration certificate
- Copy of tax registration certificate up to present
- Copy the company's regulations in the required template
- Copy of the Director's educational certificate and training certificate
- The court clearance of the company and the Director (original, not exceeding three months)
- Copy of shareholders' account registrations, shareholders list, resumes of shareholders, and the Top 10 shareholding ratio
- The organizational structure of the company and the number of employees
The structure of the group of companies (parent company, subsidiary, or joint venture) with the responsibilities and relationships of each partner related to the licensee
- Business report and financial statement of 1 year prior to the application of a license, except for the newly established company. 

                                                                        - Organizational structure
- the Management by showing the roles of the units involved in the provision of payment services, management, and monitoring of products in detail, showing the units and personnel that perform the duties, including identifying the responsibilities that control the information technology system. 

                                                                        - Name and type of payment service
- Terms of use
- Model of service
- Scope of services
- Group of service users
- Amount
- Location
- Fees 

                                                                        - Operational system diagram (service scope)
- Manuals for information technology operators used to provide services
- Guidelines for information technology operators used to maintain system security
- Guideline for Users, leaflet, or Advertising Brochure for Customers
- Regulation for the management of each product (in written form) 

                                                                        - Number and list of payment service participants (Agent, Partner, or Provider - Merchant)
- Copy of the contract or agreement between the payment service provider and the payment service partner, stating the rights and responsibilities between the service provider and the payment service partner (Agent, Partner, or Provider - Merchant)
- Copy of service agreement from the external service provider (Outsourcing) such as a contract with the system to the partner (External Vendor), joint venture agreement with another company.
- Service Registration Application (For Individuals)
- Service Registration Application (for a legal entity or recipient (Merchant) 

                                                                        - Operational system diagram (information technology system)
- Regulations and standards on the security of information technology systems in the provision of services (at least there must be standards for the security of information technology systems of the Bank of the Lao PDR).
- Certificate or Report of Penetration Test and Security Test
- Certification of the connection of the sub-payment system
- Guidelines for integration with other relevant operating systems 

                                                                        - Detailed business plan for 3 years
- Investment in the system
- Sources of funding periodically
- Revenue - Expenditure
- Transaction volume
- Additional service from the original features
- Economic analysis (Feasibility Study) that highlights the analysis of competitors, marketing, internal and external environment, and the assumptions used in the preparation of such plans and evaluation costs.
 

                                                                        - Details of the action plan to support the business operation by showing the details of the preparation in each period (Timeline), if any. 

                                                                        - Liquidity Risk
- Strategic Risk
- Operational Risk
- Information Technology Risk
- Legal Risk
- Reputation Risk 

                                                                        - Business Continuity Management (BCM) Policy
- Business Continuity Plan (BCP)
- Define guidelines for monitoring, evaluation, and testing of business continuity support plans.
- Internal control system, which controls the inspection of abnormal items by specifying the responsibilities of the relevant departments in managing, controlling, and inspecting operations. 

                                                                        - Duration, the scope of service, and responsibilities of the parties involved in the payment of services.
- Principles for selecting, monitoring, and assessing the risk of using the service
- Service agreement from an external service provider
- Plan to support the continuity of business operations on the use of services from external service providers 

                                                                        - Anti-money laundering policies and measures and funding for terrorism as determined by the Anti-Money Laundering Information Office periodically. 

                                                                        - Payment user regulations
- Regulations for storing personal information of service users and payment information
- Regulation of dispute resolution  

                                                                        at least 02 persons 

                                                                        - Mark: additional documents and documents that have already been submitted;
The applicant must complete all documents correctly according to the above list, as well as sort by order. In case that any document does not provide a reason in a written form (other than the documents specified above, the applicant must submit the document at the request of the Department of Irrigation System unconditionally); Documents must be in Lao as the main language and a foreign language as a secondary language (except for technical documents of the information technology system in English);
- The staff in charge of coordination must coordinate with the DPS to make an appointment to submit the documents and check the accuracy and completeness of all documents.
- The submission of documents must be submitted in all 02 ways:
- Hard Copy to the Payment Systems Department of Bank of the Lao PDR (Xiengyoun Village, Chanthabouly District, Vientiane Capital)
- Soft Copy sent to psd.policydivision@gmail.com or as a CD