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The government should think of providing incentives for using digital payments to reduce the use of cash in order to become a less-cash society, said an industry executive.
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Debit card users transacted a record Tk 18,123.6 crore in July as they opted for the digital money over cash to keep the coronavirus at bay.
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Bangladesh might have already started rebounding from the persisting coronavirus pandemic as the Asian Development Bank said the economy would see a gradual recovery in the first two quarters of the fiscal year.
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Bangladesh’s mobile financial service is set to take a major leap forward in the coming months after Nagad has introduced a quick account-opening process for mobile phone subscribers.
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Bangladesh was virtually cut off from the rest of the world when it suspended all commercial flights in late March in the face of the raging coronavirus. But a few companies were there to help the country bring in and send abroad shipments vital for cross-border trade and DHL Express Bangladesh is one of them.
