Business
Customers can pay Visa, AMEX credit card bills through bKash
Customers have been enabled to pay Visa and AMEX credit card bills through bKash without any extra charge during the Covid-19 crisis. bKash has offered 1 percent instant cashback on paid bill amount of Visa and AMEX credit card throughout July to August.
Paperfly launches ‘Cashless Pay’
To address the rising trend in online purchases and consumer preference to transact online, Paperfly has launched ‘Cashless Pay’ in partnership with Mastercard and Eastern Bank Limited (EBL).
The service is available across the country to all consumers who want to experience the convenience and safety of cashless payments while receiving their online orders at their doorstep, replacing the existing cash on delivery (COD) payments, said a press release on Sunday.
State Minister for ICT Zunaid Ahmed Palak officially launched the digital payment–on-delivery system ‘Cashless Pay’ as the chief guest.
Humayun Kabir, executive director of Bangladesh Bank, Syed Almas Kabir, president of BASSIS and Shomi Kaiser, president of e-CAB were also present at the program as guest of honor, said the release.
Nagad, Southeast Bank, Mastercard Launch ‘Add Money’ Service
Bangladesh Postal Department’s Digital Financial Service ‘Nagad’, Southeast Bank and Mastercard launched a new feature for Nagad’s mobile app that enables users to instantly add money from their Mastercard credit, debit and prepaid cards into their Nagad accounts.
This service will be provided by Southeast Bank’s Mastercard Payment Gateway Services (MPGS). Mastercard was the pioneer payment scheme in Bangladesh to launch the ‘Add Money’ service for mobile wallets as early as 2019, said a press release.
With this service Nagad app users can now add money to their Nagad accounts. Nagad cash-in limits will be applicable for this service.
To complete seamless transactions any time of the day, Nagad users need to click the ‘Add Money’ button on the Nagad app interface and select the card option. Users must then provide the required card details and enter the amount they wish to transfer from the card. Users will then receive an OTP (One Time Password) on their registered mobile phone number. By entering the OTP, users will be able to complete the transaction.
This service will make it easy and convenient for Mastercard cardholders to top up their Nagad wallets, making contactless transactions possible. Southeast Bank Limited is the technology provider of this service.
In his speech, Tanvir A Mishuk Managing Director, Nagad said, “We are glad that Nagad Accountholders can now easily add money to their accounts from their Mastercards, and this will eliminate the need of physically visiting ‘cash in’ points. Our collaboration with Mastercard & Southeast Bank Limited will make transactions much more convenient for Nagad users in various multitudes.”
Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard said, “Mastercard is proud to collaborate with one of the leading digital financial service providers, Nagad, to launch this wallet loading service for its customers. This collaboration with Nagad and Southeast Bank is another milestone in our partnership with the mobile financial services (MFS) sector. Mastercard looks forward to offering cardholders a better payments experience through personalized interoperable payments solutions that will give an enormous boost to card acceptance and digital transactions in Bangladesh.”
BYLC Ventures holds virtual entrepreneurship bootcamp
BYLC Ventures, an entrepreneurship development programme of Bangladesh Youth Leadership Center (BYLC), hosted its first virtual bootcamp from Thursday to Saturday.
A total of 50 teams attended the three-day programme, selected competitively from over 400 applications for cohort 2 of BYLC’s six-month long accelerator program, said a press release.
The bootcamp was arranged aiming to build the capacity of the participants through workshops on design thinking, product market fit, building a minimum viable product, and other business tools.
The second purpose of the camp was to assess the suitability of the participants to receive seed funding from BYLC.
Regal Furniture offers up to 15pc discount for Eid
Popular furniture brand Regal has introduced 30 new furniture with modern and eye-catching designs on the occasion of Eid-ul-Azha.
NovoAir announces 10pc discount on ticket fare
SMILES, the frequent flyer programme of NovoAir, has entered its eighth year.
Marking the occasion, NovoAir announced 10 percent discount on the ticket fare.
In this offer, SMILES members can purchase tickets through NOVOAIR sales counter, website and mobile app by using promo code “SMILES7ANN” till 31st July.
bKash payment at around 7,000 pharmacies
Amid the ongoing coronavirus crisis, peoole can make payment through bKash for purchasing medicine and other essentials at around 7,000 pharmacies across the country.
In addition, they will get 5 percent instant cashback on bKash payment during July and August. Starting on July 1, the offer will be valid till August 31.
In a press release, bKash said currently bKash payment is available at around 7,000 pharmacies in all eight divisions across the country.
More pharmacies are being brought under this service frequently, it added.
Besides, customers can get cashback by paying with bKash app or dialing USSD code *247#.
During the whole campaign period, customers can get Tk 200 maximum. They can get cashback up to Tk 25 daily and avail the offer five times in a month. The maximum cashback amount per month will be Tk 100.
Customers can easily make payment by scanning QR code with bKash app. The merchant number can also be saved for future payment in fewer steps.
Prime Bank, BACCO join hands
Prime Bank and Bangladesh Association of Call Center and Outsourcing (BACCO) on Wednesday joined hands to facilitate financing for entrepreneurs in the field of call centere and outsourcing.
BB smoothens procedures for foreign investment
Bangladesh Bank will allow foreign investors to deposit their dividend with the foreign currency (FC) accounts maintained with banks in the country with certain conditions.
Uber introduces rental service for customers
Ridesharing company Uber on Tuesday started 24/7 rentals service ‘Uber Rentals’ allowing riders to book a car and its driver for several hours at a stretch and make multiple stops on a journey.