The authorities of Islamic University in Kushtia launched an e-payment service for the students of the university with a view to simplifying transactions for them. Read: 5 injured in BCL factional clash at Islamic University IU vice-chancellor Professor Shaikh Abdus Salam inaugurated the e-payment service at an e-payment application launching ceremony as chief guest, a press release issued by IU information, publication and public relations office deputy director Rajibul Islam on Saturday (November 25, 2023). The service will allow the students to pay all sorts of fees, including admission, examination, and residential hall fees, online without having to go to the bank. Read: Islamic University and Edith Cowan University to undertake joint academic, research activities  Through the e-payment service software of Agrani Bank, students will be able to pay money through bKash, Nagad, and Rocket using their ID. This service will be available to all students from the 2017-18 academic session of the university. The online banking service will be a convenient and efficient way for students to pay their fees, IU acting registrar HM Ali Hasan said that the e-payment service would save students time and hassle. Read: Islamic University officials continue work abstention for 2nd day  It would also help to reduce the number of people visiting banks. The service was expected to be well-received by students, he added.

Bangladesh has recently approved payment of USD $318 million for payment to Russia in the Chinese currency of yuan for construction of the Rooppur nuclear power plant.  A meeting held recently between the Economic Relations Division and Russian officials decided that the payment will be made in yuan at a Chinese bank account, Uttam Kumar Karmkar, head of the European affairs of Economic Relations Division (ERD), Ministry of Finance confirmed  to UNB. He said that the decision was taken to use the Chinese currency yuan for debt repayment at a meeting of the ERD last Thursday. Read more: Rooppur Nuclear Power Plant project delayed by Russia-Ukraine War: Yeafesh Osman He said that although the decision has been taken to use Chinese currency to repay the loan, the transaction has not yet been completed. Payment details need to be clarified and resolved. Citing the diplomatic sensitivity of the matter, he declined to comment further. Dhaka's decision seems to have resolved the problem of making any payment to sanctions-hit Russia in the US dollar.  Read more: Return of Russian vessel carrying consignment for Rooppur won’t delay project work: Minister Last year, Western countries excluded Russia from the Society for Worldwide Interbank Financial Telecommunications, or SWIFT, one of the world's payment systems, due to its military invasion in Ukraine. The Rooppur nuclear power plant is being built in Bangladesh with a loan from Russia. But due to sanctions on Russia, it is not possible to pay in US dollars.  

Grameenphone recently introduced bKash as its preferred payment partner.bKash will be the primary payment option to facilitate one tap payment experience for the customers in the MyGP app.Yasir Azman, CEO of Grameenphone and Kamal Quadir, CEO of bKash, formally launched the new service at a ceremony held in Dhaka Wednesday.This integration, which is the "first of its kind in the industry, will simplify the digital lifestyle of the customers with hassle-free, convenient and secured payment with one tap," Grameenphone said. Read more: Grameenphone makes international outgoing calls to Türkiye, Syria freeOnce a customer binds bKash as the preferred payment method, they no longer need to put in OTP/PIN every time and the payment will be done with a tap of digital consent from the bKash account on the go.To activate this service, a GP customer needs to add bKash as a preferred payment method through the MyGP app. After clicking on "Add bKash Account," the users need to click the "I Agree" option and enter bKash account number.In the next step, OTP and PIN should be entered only for the first time to bind bKash as GP's preferred payment method.

From now on, the customers of Nagad and Hajj Finance Company Limtied will be allowed to deposit their loan installments or pay the installments of savings deposit for Hajj via Nagad app.The agreement between the financial institution and digital company was signed at the head office of the Hajj Finance in Dilkusha in the city recently.The mobile financial service of the Postal Department, Nagad Limited, has signed an agreement with financial institution Hajj Finance to provide services to aspiring Hajj pilgrims from Bangladesh or help ease the process of saving money for pilgrimage, says a press release on Tuesday afternoon.In future, the customers of Hajj Finance will be entitled to DPS facility through Nagad app and Nagad customers will get facilities of purchasing nano loans, microloans, retail loans and SME loans.Chief Commercial Officer of Nagad Sheikh Aminur Rahman, Chief of Payment Division Mohammad Mahbub Sobhan, and Deputy General Manager (IFO Insurance) Md Bayezid joined the signing ceremony. On behalf of Hajj Finance, its Managing Director Khandaker Rumi Ehsanul Haque, Deputy Managing Director Mashi-Uddoula and Executive Vice President A F A Md. Shafiuddin were present there among other high officials of the company. Read: BURO partners with Nagad for easier savings, instalment payments“Nagad has always come up with a variety of facilities relating to mobile banking activities based on Islamic Shariah. For those who are willing to perform Hajj, Nagad has once again brought a good piece of news!” Nagad’s Chief Business Officer Sheikh Aminur Rahman said, dwelling on the new service of facilitating loan of Hajj Finance or paying deposits via Nagad app. “From now on, the customers will be able to receive any service of Hajj Finance sitting at home. No additional time will be spent for receiving loans or paying the instalments of DPS for Hajj.”In consistent with the Islamic way of life,  Nagad has been running, for the past three year, ‘Nagad Islamic Account’, under the supervision of a completely Shariah monitoring committee.The customers of Nagad Islamic Account can now deposit as savings their hard-earned money without taking interest as per Shariah. At the same time, transport and other costs of performing Hajj and Umrah can be paid easily from these accounts.The customers can also deposit the premium for Islamic Life Insurance through these accounts sitting at home.

Customers can now enjoy up to 15% cashback while shopping from Daraz through bKash. They can avail of the offer till September 8 during the online platform's seventh anniversary celebration campaign. The buyers can get a maximum cashback of Tk200 from single or multiple orders during the campaign. READ: Daraz's 7th anniversary special campaign launched Customers are getting instant cashback on the purchase of all products starting from fashion, lifestyle, electronics, groceries, digital products, beauty products, and so on. For shopping from Daraz, they need to select bKash from the payment option after selecting a product. As they enter the bKash number and verification code, bKash will be added to the payment method, according to a press release. READ: Daraz celebrates 7th anniversary

From now on, students of Eden Mohila College, one of the leading educational institutions of the country, will be able to pay their academic fees through bKash. As a result, 20,000 students of the century-old college are able to pay all kinds of academic fees, including monthly fees easily and safely from anywhere 24/7, said a press release. Read UIU students can pay academic fees through bKash With this, the service has become more accessible to students, especially amid this pandemic. It is also going to help the college authority to manage collection of academic fees in a more organized and affordable way. Students can now pay college fees and other fees by dialing USSD code *247# or through bKash app. Also read: Up to 500 Tk Cashback on card to bKash 'Add Money' To pay academic fees, students need to click on ‘Education’ from the ‘Pay Bill’ icon of the bKash app, then select Eden College from the list of educational institutions and complete the payment by entering student's information, amount of fee and bKash PIN. Upon successful payment, students can download and save the digital receipt. In addition, students can save the necessary credentials in bKash app for quick payment in future. Also read: bKash offers 1 pc cash bonus on receiving remittance bKash is currently providing fee payment service to 600 educational institutions across the country that saves time and cost eliminating the hassle of standing in long queues at bank counters on working days. This digital fee payment system made the fee management process of educational institutions more dynamic as well. Read Over 1mn Covid-affected families to get PM’s Eid gift through bKash

Robi Axiata Limited, country’s 2nd largest mobile phone operator, has paid Tk 27.60 crore to Bangladesh Telecommunication Regulatory Commission (BTRC) as the first installment of Tk 138 crore of the dues as directed by the High Court.