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Sheikh Hasina to disburse cash among pandemic-hit families in Bangladesh


Sheikh Hasina to disburse cash among pandemic-hit families in Bangladesh
Dhaka, May 2 (UNI) Prime Minister Sheikh Hasina on Sunday launched the second phase of cash support disbursement among 36.50 lakh families hit hard by the second wave of the coronavirus pandemic in the country.
Last year also Sheikh Hasina provided financial assistance to people of all walks of life during the epidemic. She has maintained that continuity this year as well.
Each beneficiary family is receiving Taka 2,500 as Eid gift from the Prime Minister in this pandemic gripped difficult time and a total amount of Taka 912.50 crore has been allocated for it. ....

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Bangladesh Bank orders MFS firms to stop advertisements targeting each other


 
Staff Correspondent, 
bdnews24.com
File Photo
Bangladesh Bank has ordered the mobile financial service or MFS providers not to conduct advertisement campaigns targeting each other with offensive content.
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The Payment Systems Department of the central bank in a circular on Sunday said it noticed the MFS providers using “snide and aggressive language to belittle each other”.
Such practice on advertisements on newspapers, electronic media or social media, leaflets, billboards, and agent or merchant points is “undesirable”, the central bank said.
The MFS firms must refrain from continuing the practice and follow the National Broadcasting Policy.
Among the MFS companies, bKash, Nagad, Rocket and UCash are the leading ones in terms of subscriber base. ....

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Nagad driving digital transformation in Bangladesh


Nagad driving digital transformation in Bangladesh
Dhaka, Feb 19 (UNI) A year ago when Coronavirus pandemic brought everything to a halt across the world, digital technology not only made work from home possible and connected people but also made digital payments widespread.
The pandemic provided an opportunity to a newbie digital platform, Nagad which came to the rescue of business entities in Bangladesh as well as common people for transferring money from their bank accounts and also enabled people to pay the prescribed fees for Covid-19 tests.
Nagad, meaning cash, promoted online payments, e-commerce and utility bill payments in a big way in Bangladesh. ....

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Mobile money in the COVID-19 pandemic


Mobile money in the COVID-19 pandemic
Photo: Rashed Sumon
The most defining perk of using Mobile Financial Services (MFS) is being able to use mobile phones to access financial services and execute financial transactions. Put simply, cashless payment makes life easier.
Sagufta Nusrat, an executive of a Dhaka-based private company, is a customer of the country s leading MFS provider bKash.
In the morning, Nusrat takes an Uber to go to office and pays the bill through her digital wallet. And in the evening, when she returns home from office, she purchases groceries from superstores and makes the payments from her bKash account. ....

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