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May 19, 2024
Refunds From E-commerce Payment Gateways: The platforms had offered hefty discounts to lure unsuspecting customers to make advance payments of thousands of crores of taka
September 27, 2023
The Bangladesh Bank yesterday introduced a guideline for merchant acquiring, making it mandatory for payment services providers to carry out intense scrutiny before onboarding sellers as it looks to eliminate online frauds and financial crimes..According to the 'Guidelines for Merchant Acq
May 15, 2023
As many as 19,623 cases against 50 e-commerce companies involving about Tk 600 crore filed with the Directorate of National Consumer Rights Protection (DNCRP) are pending, leaving the customers in a state of limbo over their money.
December 28, 2022
DHAKA, Dec 28, 2022 (BSS) - The High Court today issued separate rules over returning money paid by customers for
December 28, 2022
The High Court today questioned the legality of the inaction in refunding Tk 13 crore, deposited by customers to e-commerce platforms, Dalal Plus and E-orange, as they allegedly did not deliver the products even after getting the payment in advance.
September 15, 2022
The business-to-customer e-commerce market in Bangladesh is expected to grow by 17.61% on an annual basis, aimed at reaching Tk65,966 crore in 2022, according to a recent market research. The e-commerce market size in 2021 was about Tk56,870 crore and will be around Tk1.5 lakh crore by 2026, said the Dublin-based trade research institution ResearchAndMarkets.com. According to
August 16, 2022
Leading English newspaper in Bangladesh providing latest news of politics, business, sports, campus, entertainment, feature, health, travel and more (24X7). Also updated statistics of shipping, weather, currency
July 19, 2022
Over a year has passed since government agencies cracked down on several e-commerce platforms for not providing refunds or delivering products of thousands of customers after luring them with hefty discounts.
June 1, 2022
E-commerce purchases through cards bounced back in March as the total transaction value crossed Tk 900 crore for the first time since July last year, when a number of scams were unearthed in the sector.
May 23, 2022
High Court orders identification of money launderers in scam-hit e-commerce firms