Mobile financial services provider upay Thursday signed an agreement with business conglomerate Pran-RFL Group to make salary disbursement and merchant payment easier. Also, the upay customers will be able to make payments while buying products from more than 1,800 outlets of Pran-RFL Group's Best Buy, Vision Electronics, Walker, Tasty Treat, Mithai, Daily Shopping, Regal Furniture, and Othoba.com. "We are very happy that Pran-RFL Group has chosen upay to disburse the salary of their factory employees and accept payments at the retail outlets of various brands owned by the group," said Rezaul Hossain, managing director and CEO of upay. Read Pathao Courier to get upay cash collection solutions Uzma Chowdhury, chief financial officer of Pran-RFL, said: "We have chosen upay as they have some unique features which will be beneficial to our employees. After receiving salary in their upay salary wallet, Pran-RFL employees can cash out the money from upay points at a reduced rate. Upay account has a unique multi-wallet feature which includes a primary wallet, salary wallet, remittance wallet, and disbursement wallet.  Also read: upay signs deal with Titas Gas to facilitate prepaid bill payment Upay, a subsidiary of United Commercial Bank, was launched in March 2021.

Mobile financial service provider upay has signed an agreement with Titas Gas Transmission and Distribution Company Limited (TGTDCL) to facilitate prepaid meter bill payment/prepaid card recharge through upay. Emon Kalyan Dutta, chief sales & service officer, and Md Eaqub Khan, company secretary of TGTDCL signed the agreement recently. Rezaul Hossain, managing director & CEO of upay, and Md Haronur Rashid Mullah, managing director of TGTDCL were present during the signing ceremony held at the head office of TGTDCL in the city, said a media release on Sunday.   Also Read: NID fees can be paid through upay Syed Abu Nosor Md Saleh, project director, installation of prepaid gas meter for TGTDCL, Mir Mubarak Hossain, manager, installation of prepaid gas meter for TGTDCL, Md Sekander-E- Azam, head of transaction banking, United Commercial Bank Ltd and Shakib Altaf, deputy director, Hasan Mohammad Zahid, assistant director, Mohammad Mockbul Hossain Bhuiyan, DGM, Md Mahfuzur Rahman, account manager of upay, among others, were present at the signing ceremony. upay, a subsidiary of United Commercial Bank, launched its operation in March 2021. Read Pathao Courier to get upay cash collection solutions

Customers of mobile financial services provider (MFS) upay can now make payment of different service-related fees such as correction of national identity (NID) card and collection of duplicate NID. The service will be available to customers through the upay app and USSD code "268." Upay signed an agreement with the Election Commission (EC) Tuesday. Read: US-Bangla Airlines offers chance to youths to become pilot Rezaul Hossain, managing director and chief executive officer of upay, and Mohammad Azizul Islam, director of administration and finance at the NID wing under the EC Secretariat, signed the deal. Upay, a subsidiary of United Commercial Bank, launched its operation in March 2021. Since its launching, the company has acquired around 60 lakhs customers. It has more than one lakh agent points across the country, according to a media statement. Read Healthcare payments: Nagad offers discounts of up to Tk2,350.

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.

Mobile financial services (MFS) provider upay announced the appointment of Rezaul Hossain as its managing director and chief executive officer Sunday. Rezaul worked for local and multinational companies including, Grameenphone, Citycell, Airtel and bKash. Before joining upay, he was involved with several enterprises, including MFS provider Nagad. Also, Rezaul led the commercial division of bKash from 2011 to 2017 as the chief commercial officer. Read: No data charge for e-transactions on Upay app for Banglalink customers Anisuzzaman Chowdhury, chairman of the board of directors of UCB Fintech Company, said: "Rezaul Hossain is a highly accomplished business leader and brings a wealth of skills and experience that will take us to our strategic goal of becoming one of the leading mobile financial service companies in Bangladesh." "His exceptional telecommunications and MFS background along with a record of building and scaling up business from scratch to success will surely create a strong foothold for upay in the country's digital finance landscape." Rezaul said: "Despite being a new financial service brand, I believe, upay has a huge potential to disrupt the market. As I have a long vision for the advancement of the country's financial technology sector, I would like to dedicate my experience, expertise and industry knowledge to help upay grow and reach its full potential through bringing delightful experiences to our customers." UCB Fintech Company, a subsidiary of United Commercial Bank, has been offering mobile financial services under the brand name upay. Upay launched its commercial operation in March 2021 after securing its MFS licence from the Bangladesh Bank in December 2020.

upay has won the ‘Fintech Innovation of the Year’ award in mobile money category for its innovative multi-wallet feature enabling customers to make transaction at a lower cost from four different wallets in one upay account.   Managing Director and Chief Executive Officer of upay Sydul H Khandaker received the award at the ‘Fintech Award 2021’ event organized by the Bangladesh Brand Forum at a  city hotel  on Saturday.   Read:Robi customers can now use Upay app without internet charge Commenting on the winning of the award, Sydul H Khandaker said, “We are very excited to receive the award. As a new MFS brand, upay focuses on addressing customer pain points and solving those by innovating new features and services.” Introducing multiple wallets in a single MFS account is a very unique feature. It provides convenience to the customer in terms of cost and transparency, Sydul added. Multiple wallets include a common primary wallet, salary wallet, remittance wallet and disbursement wallet. Charges are less than Tk. 14 per Tk 1,000 for different wallets and in cases it is free of cost. Customer can track the source of the funds in his/her wallet and make remittance, salary, disbursement cash out charge at different rates from our agent point to ATM booth instead of cashing out at a single rate, said the MD and CEO of upay. Read: Brazil Ambassador visits upay office upay is the mobile financial service brand of UCB Fintech Company Limed, a subsidiary of the United Commercial Bank. upay launched its operation on March 17, 2021.  Since launching upay has gained three million registered customers. It has also 100,000 agent network across the country.

Upay – the digital financial service brand of UCB Fintech Company, a subsidiary of United Commercial Bank – is hiring an officer/executive for its business sales. Position: Officer/Executive, Sales Operation Vacancy: Not specific Job responsibilities ·       Target and KPI management ·       Preparing daily agent transaction report on an hourly basis ·       Generating account statements and sharing them with the regional manager and area manager as and when needed ·       Cross-checking and updating system-generated KYC information, including locating and retrieving KYC as per requirement ·       Resolving agent issues related to information update, pin reset, dispute resolution at the back office ·       Coordinating with the data warehouse in retrieving the PKYC to fulfil the govt regulatory body requirement ·       Performing compliance tests as per standard operating procedure by verifying and analysing agent data ·       Micro merchant back office management and SME back office management Employment status: Full-time Educational requirements: Bachelor degree in any discipline Experience requirements: 1 to 2 years The applicants should have experience in the following areas: Distribution sales, sales operations Job location: Dhaka Salary: Negotiable Application deadline: Aug 10, 2021 For more info:  https://jobs.bdjobs.com/jobdetails.asp?id=981045&fcatId=9&ln=1     Source: Bdjobs.com   Read Job opportunity at DBL group Also, read Job Opening at Epyllion Group

Mobile financial service provider upay has signed an agreement with Falcon Group to facilitate the monthly salary disbursement of the group. Sydul H Khandker, managing director and CEO of upay, and Mahtab Uddin Ahmed Chowdhury, chairman and managing director of Falcon Group, signed the agreement in the capital, read a press release issued Wednesday. Upay, a subsidiary of United Commercial Bank, launched its operation in March 2021 to provide mobile financial services to people from all walks of life. Read Digital Currency: Benefits and Risks of the Cashless Economy in Bangladesh.

Upay, a recognized digital financial service provider in the country has recently signed an agreement with Guardian Life Insurance Limited to facilitate upay customers with its insurance policies using the upay app. Sydul Haque Khandaker, Managing Director and CEO of upay, and Sheikh Rakibul Karim, Deputy Managing Director and Acting CEO of Guardian Life Insurance signed the agreement on behalf of their respective organizations at the head office of Guardian Life Insurance. Also read: Land ministry, upay sign MoU on land fee payment Amid the growing popularity of ‘Micro Health Insurance’, upay customers can now buy the ‘Easylife’ products of Guardian Life from its app under this agreement. upay is a subsidiary of the United Commercial Bank that launched its service in March 2021 offering a broad range of mobile financial services to people from all walks of life. Also read: Upay to offer lowest ATM cash out charge Shamim Ahmed, Chief Operating Officer, Yeasin Arafat, Head of Digital Channels and ADC, Shariar Akanda, Key Lead, Digital Channel and ADC, Ariful Hoque, AVP, Digital Channel and ADC from Guardian Life Insurance Limited and Md. Nur-E-Alam Siddiquee, Chief Financial Officer, Saad Mohammad Faizul Karim, Director, Business Sales, Md. Nazim Uddin Ahmed, Deputy Director, Business Sales, Md. Rezwanul Hoque, Assistant Director, Business Sales of upay were present at the signing ceremony. Read Top Insurance Companies in Bangladesh in 2021

Upay will offer its customers lowest cash charge for withdrawing money from ATM booths. The charge will be Tk 8 for every Tk 1000 withdrawn, inclusive of tax and VAT. Upay is the subsidiary of United Commercial Bank (UCB), providing mobile financial services. Read Regulator shouldn't allow monopoly in MFS: Mustafa Jabbar The upay customers will be able to withdraw money at more than 500 ATMs of UCB across the country by using their upay app that can be downloaded from the Google Playstore or the upay website. Sydul Haque Khandaker, Managing Director of upay said, “Upay has already established its footprint in the MFS sector within a short time by offering the lowest fee for most of the MFS services including ATM cash withdrawal.” Upay products include mobile transaction, utility bill payment, merchant payment, inward remittance, airtime recharge, and disbursement of salary and various government social safety net allowances. Read BB issues guidelines for trust fund management in payment, settlement services Besides, upay offers some unique services exclusively available for upay customers, including payment of traffic prosecution fines, Indian visa fee payment, and gas (prepaid) bill payment- all types of bill payments free of charge. Built on state-of-the-art blockchain technology, the upay platform also ensures a greater sense of security and confidence to customers. The MFS subsidiary of UCB launched its operation on March 17, 2021, covering all the districts and upazilas in Bangladesh. Read Eden College students can pay fees through bKash