Mobile financial service provider upay has signed an agreement with Pathao to facilitate cash collection from Pathao Courier hubs across the country. Under the deal, upay will provide cash collection solutions to Pathao Courier Service, a concern of digital platform Pathao. Upay, a subsidiary of United Commercial Bank, will collect cash from 53 points of Pathao Courier service across the country. Read Pathao brings down its commission on bike rides Rezaul Hossain, managing director and CEO of upay, and Fahim Ahmed, CEO of Pathao, signed the agreement Thursday in the capital. Rezaul Hossain said, "We are happy to provide the cash collection solutions to Pathao, which will help them manage their business efficiently by reducing cash management hassle." Fahim said: "The agreement offers a highly advanced, secure, and efficient platform to Pathao Courier." Read Pathao introduces 'Pay Later' Upay customers enjoy a range of services, including fund transfer; utility bill, merchant, traffic-fine, Indian visa fee payments; airtime recharge, inward remittances, salary and government social safety net, and other value-added financial services. Pathao is a market leader in ride-sharing, food delivery, and e-commerce logistics.
Couriers are an effective way to get things from one place to another. It's fast, easy, reliable, and often cheap. There are about 138 courier services in Bangladesh. Most of these are domestic and operate in the local region only. Out of these couriers, 32 offer international shipping. However, almost all of them use international courier services like DHL, FedEx, UPS as secondary sources. In this article, let’s have a look at some of the renowned international courier services in Bangladesh. International Courier Services Working in Bangladesh There are several international courier services in Bangladesh. Some of them work in partnership with local courier services as well as the postal service. However, most of the reputed courier services have their own offices in Dhaka and all the main cities. DHL DHL is one of the largest shipping companies in the world. The company specializes in worldwide delivery across every country and territory of the world. DHL was founded back in 1969 in San Francisco California. The courier service started operating in Bangladesh in 1979 through Air Express Services. Read The Emerging Logistics Tech Startups, Courier, Delivery Services in Bangladesh The company eventually opened its branch in Dhaka and subsequently to other major cities and ports as well. In addition to their international service, the courier offers local shipment as well. But the cost of local shipment is much higher compared to the local couriers of Bangladesh. DHL has several services. The most common is the DHL worldwide parcel express and DHL document express. In addition to that, the courier specializes in the industrial transport of chemicals and petroleum. The next-day delivery system across the globe supported by an excellent live tracking mechanism makes DHL one of the best international couriers in Bangladesh. Read Courier service fined for carrying people to Rajshahi FedEx FedEx was founded back in 1973 as Federal Express Corporation in Little Rock, Arkansas. To this day, FedEx is still the fastest domestic courier service in America with same-day or next-day delivery options. Over the last 50 years, the company has grown to include 220 countries and territories of the world into its shipping list. The specialty of FedEx is their handling. The service can handle extremely fragile cargo with utmost care. FedEx even delivers perishables across countries. The service has a dedicated temperature-controlled transport mechanism for the perishables. FedEx has several services including FedEx ground delivery, smart post, home delivery, and priority delivery. The charges vary from service to service. A typical 2 lbs. package delivery from Bangladesh to the US through FedEx priority will cost 44.99 dollars. Read Best Ways to Integrate Online and Offline Channel for B2B Marketing FedEx has offices in all the major cities and ports in Bangladesh. customers can pick up their courier from the offices as well as get them home delivered for some extra cost. UPS United Parcel Service has been around for more than a century now. The courier company was founded back in 1907 in Seattle, Washington. Since then, the company has emerged as a global leader in logistical shipping and supply chain management. Just like FedEx, UPS also offers shipping and delivery to 220 localities of the world. The company has its head office of Bangladesh operations in Dhaka. In addition to parcels and documents, UPS offers specialized transport of live animals. Read Re-Commerce Startup SWAP Raise $1.25mn in Seed Funding, Promises New Horizon of Growth There are several specialized services across the US and for international shipping. The UPS critical express is their fastest service with guaranteed delivery across the world in 3 business days. This is made possible through a combination of air and freight mail. To know more about the shipping option, check out their website here. Fox Parcel Fox parcel is a relatively new courier service founded in 2014. This one-stop shipping company was born in Bangladesh and is currently one of the leading logistical and parcel solutions between India and Bangladesh.
Once upon a time, people understood courier service to be just exchanging letters or important documents. That idea has changed completely in the last decade. Now app-based logistic services have become more important in transporting goods due to the increase in e-commerce shopping. In the last six years, hundreds of online or app-based e-courier companies have entered the Bangladeshi market to provide service to emerging e-commerce and F-commerce. In addition to documents and papers, these service providers are delivering clothes, fish, meat, and even cooked food anywhere. Using technology, this service has now become digital or app-based. Now the buyer or seller can track the product through the app. Tracking the product also reduces the chances of getting lost, as well as reaching the destination faster. Let's take a look at some of the emerging logistics tech startups in Bangladesh. Read Digital Healthcare Startups in Bangladesh: An Overview Logistics Tech Startups vs Traditional Courier Services: What Are the Key Differences The rapid advent of technologies has already transformed the logistic landscape. However, traditional courier services are still being used today. Due to the demand for quick delivery services, traditional 5-7 days service is losing appeal. Let's see how tech-enabled logistics have changed the industry. Affordability You may expect the traditional system is more affordable, but the manual process limits the capacity of the high delivery volume. As a result, diseconomies of scale may incur. On the other hand, with the batching and chaining technology, real-time status update, and route optimization, there are many companies that offer last-mile quick delivery. These features increase the productivity for the tech-based logistics eliminating the idling and boost the cost-efficiency. Read: The 7 Most Promising Tech Startups in Bangladesh Supply Flexibility Traditional couriers have full-time drivers to offer consistency if the drivers are reliable. But the companies may face difficulties if the volume rises suddenly. The tech-based startups offer their service via flexible delivery agents. Further, they have continuous communication and locate the agent at any time. Therefore, it ensures meeting the demand even in the high peak season and prevents idle manpower during the low season. Delivery Options The delivery window is unpredictable for the traditional services, and it all depends on the courier's schedule. Taking 5-7 days or even more, time is the norm. In contrast, the tech courier works on a short lead time that supports on-demand, next day or even same-day delivery. Read Truck Lagbe: Story of a Successful Digital Trucking Startup in Bangladesh Reliability and Visibility Lack of tracking technology and manual dispatching without real-time monitoring is the biggest drawback. As a result, a limited view of the parcel's safety and delivery time. Real-time GPS tracking ensures the delivery agent's location, and the company also knows the delivery time. Hence, this process meets the modern customer's expectations. Delivery Process & Accuracy The traditional system still uses paper and pen to keep the records, while the tech courier uses the software and apps, which ultimately reduces the risk of human error. Read: Zero Investment Business Ideas to Try Amidst the Pandemic Fastest Growing Logistics Tech Startups in Bangladesh Bangladesh's e-commerce is growing exponentially, and it has seen a 166% growth in 2020 alone, and then it is expected to see a $3 billion market size by 2023. Therefore, logistic techs have immense opportunities in this sector, and they are trying to offer top-notch services to the customers. Following are the top logistic startups in Bangladesh that are driving the market. e-Courier It is a bicycle-based product delivery service. Initially, the company worked with the selected eCommerce business and the e-commerce merchant to deliver their official various documents and parcels to the desired place. However, the company also provides such services to those who are not eCommerce traders. The specific features of e Courier's customer service include android apps, its own website, SMS facility through which the customer can know the location of his product at any time. It also offers services such as taking orders twice a day and delivering goods on the same day. In addition, to deliver products to the customer's doorstep, they have a Door to Door facility. Read Arogga: The Bangladeshi Medicine Delivery Startup Which Raised $200k Initially, the company started its operation in Dhaka in 2014. But currently, the company operates all over the country. So far, e Courier works with more than 25,000 retailers and has distributed 4.5+ million parcels through 1000 delivery agents. Paperfly Paperfly, the country's fastest-growing e-commerce logistics company, is providing door-to-door delivery services and cash-on-delivery services in 64 districts, 491 Upazillas, and 4500+ Unions of the country through its own staff and vehicles. In addition, they provide warehousing and fulfillment facilities. Since launching its operations in February 2016, the company is currently providing the most cash on delivery and e-commerce services as third-party logistics support. Its entire operation has been made with the latest technology. Paperfly scans and tracks the movement of the packages through 25 steps, and that is why their supply chain is close to paperless. Adding to these, Paperfly assures real-time updates via 100% field force tracking apps. Read The SWAP story of Bangladesh's first reCommerce startup
Paperfly, a home delivery service network in Bangladesh, has signed an agreement with an E-commerce platform Shajgoj to deliver its beauty products all over Bangladesh Shajgoj has been selling authentic beauty products of different national and international brands. From now on, Paperfly, with their strongest delivery network in Bangladesh, will be responsible for delivering all of these products to the doorsteps of the customers. Also read: Paperfly celebrates 5-year of excellence Shajgoj’s Chief Operations officer Milky Mahmud and from Paperfly Reaz Uddin Khan, General Manager, Sale, and Md Sazzadul Islam Fahmy, General Manager, Sales signed the agreement in this regard, said a news release from Paperfly. Shajgoj’s head of CRM & Retail Operations-Azmeeri Binte Rezaq, Senior Executive Accounts Apurba Mondol, and Paperfly’s assistant managers Oli-Ur-Reza and Maksuda Akter Tonny -were, among others, present on the occasion. Read Fair Mart picks Paperfly as a nationwide delivery partner Starting from hair products, personal care products, and skincare products to make up one, Shajgoj has all types of beauty products. Brands like Ponds, Neutrogena, Tresseme, Body shop, and much more are available on their website. Founded in 2016, Paperfly is the homegrown leading logistic solution provider in Bangladesh. Over the past 5 years, the company has introduced smart return, smart check, smart log, in-app call, and cashless pay features. They have also introduced the revolutionary 1-hour merchant payment for the Facebook Merchants on their SellerOne package recently. Read: India’s Ecom Express invests Tk 100cr in Bangladesh’s Paperfly