Page 2 - Interoperable Digital Transaction Platform News Today

Users of Mobile Financial Services (MFS) are going to get the opportunity to transfer money from one MFS provider to another as Bangladesh Bank is going to launch the interoperability of all sorts of accounts from next Sunday.

Bangladesh recently launched an app, called Digital Business Identification (DBID), to regulate the nations e-commerce firms and protect the interest of consumers and entrepreneurs....

Bangladesh recently launched an app, called Digital Business Identification (DBID), to regulate the nations e-commerce firms and protect the interest of consumers and entrepreneurs....

The government is set to launch the Interoperable Digital Transaction Platform (IDTP) in January next year, allowing people to move funds effortlessly within the financial sector in real-time and at lower costs, said Zunaid Ahmed Palak, state minister for ICT.

People will be able to transfer funds from their mobile wallets to other accounts belonging to another carrier and banks by December in a development that would give the mobile financial service (MFS) industry a massive boost.  Bangladesh Bank has already completed the necessary tasks to ensure interoperability of the service, which was rolled out in 2011. Interoperability

Govt to launch unified digital payment system Banks, MFS accounts to become interconnected 22nd January, 2021 10:48:39 The government will launch a digital transaction platform with unified payment interface to support interoperable services among all accounts of traditional banks and mobile financial services (MFS). The platform will enable cross-platform transactions irrespective of banks or mobile financial services as well as making any bill payment. The ICT Division is now piloting the sys...

Govt to launch unified digital payment system Banks, MFS accounts to become interconnected Jannatul Islam 21st January, 2021 10:32:41 The government will launch a digital transaction platform with unified payment interface to support interoperable services among all accounts of traditional banks and mobile financial services (MFS). The platform will enable cross-platform transactions irrespective of banks or mobile financial services as well as making any bill payment. The ICT Division is now ...

Interoperability in digital fund transfer to prevent fraud: Palak Zunaid Ahmed Palak. File photo Star Business Desk Star Business Desk Although digital transactions have been increasing over the last few years, fraudulent activities are eroding peoples confidence in going cashless. However, much optimism is being generated for the upcoming arrival of an Interoperable Digital Transaction Platform (IDTP). The government is introducing the IDTP to reduce...