Bangladesh has embarked on an unprecedented journey towards building a cashless society, marked by a significant increase in card and cardless transactions, mobile banking, and digital payment systems such as QR Payment.
Plastic money is not a new concept in Bangladesh but debit and credit card penetration in the country has been creeping along over the years due to a lack of awareness of their benefits coupled with a deep-seated fear of falling into a perceived debt trap.
An occasion like Eid holds particular significance for women, who often experience happiness from shopping, reveling in intricate accessories, luxurious cosmetics, elegant attire, and the perfect pair of shoes to complete their Eid ensemble.
Sales continue to surge for lifestyle products, home appliances, electronics, and groceries in anticipation of Eid-ul-Fitr, the biggest religious festival and the pinnacle of business activity in Bangladesh.
Bangladesh has embarked on an unprecedented journey towards building a cashless society, marked by a significant increase in card and cardless transactions, mobile banking, and digital payment systems such as QR Payment.
Sales continue to surge for lifestyle products, home appliances, electronics, and groceries in anticipation of Eid-ul-Fitr, the biggest religious festival and the pinnacle of business activity in Bangladesh.
An occasion like Eid holds particular significance for women, who often experience happiness from shopping, reveling in intricate accessories, luxurious cosmetics, elegant attire, and the perfect pair of shoes to complete their Eid ensemble.
Plastic money is not a new concept in Bangladesh but debit and credit card penetration in the country has been creeping along over the years due to a lack of awareness of their benefits coupled with a deep-seated fear of falling into a perceived debt trap.