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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
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
New guidelines launched for E-commerce dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
More than Tk 160 crore owed by a number of e-commerce companies in Bangladesh for breaching the escrow system is still stuck in payment gateways, according to commerce ministry documents.
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.
Twenty-five controversial e-commerce platforms in Bangladesh were deluged with orders worth a staggering Tk 6,050 crore in just four months last year under Ponzi-like schemes that lured unsuspecting customers on the back of hefty discounts.
We hope that the government will take immediate steps to make e-commerce companies to reimburse customers’ money and the list of companies and customers will be released on the website
Bangladesh to make Unique Business ID mandatory for e-commerce entities theindianawaaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindianawaaz.com Daily Mail and Mail on Sunday newspapers.