Nagad, a mobile financial service provider of the Bangladesh Postal Department, has partnered with e-commerce giant Daraz to enable customers to make payments using this MFS channel against any purchases made on this online marketplace.
In this regard, an agreement was recently inked at Nagad’s head office between Daraz and Nagad to make online purchasing easier and more inexpensive on the Daraz platform.
Reportedly, customers will receive a 16% immediate payback of up to Tk300 – each transaction; Tk100 – on bill payments made through Nagad via the Daraz App during the Daraz 12.12 sale campaign. This offer will be available beginning December 12 and will be valid through December 31.
“We will soon see all business transactions go cashless in the country’s ongoing journey towards Digital Bangladesh. Young entrepreneurs are getting success in unique and innovative ventures like in the e-commerce sector. Nagad has made digital transactions for local entrepreneurs easily accessible at lower costs. As part of this ongoing endeavor, we want to offer Daraz customers new services regularly.”
Tanvir A Mishuk, Founder and Managing Director of Nagad.
The signing event was attended by Nagad’s Founder and Managing Director Tanvir A Mishuk, Chief Business Officer Sheikh Aminur Rahman, Chief Sales Officer Shihab Uddin Chowdhury, Head of Public Communications Muhammad Zahidul Islam, and Head of Payment Mohammad Mahbub Sobhan.
Daraz Bangladesh was represented by Syed Mostahidal Hoq, managing director, Chief Operating Officer Khondoker Tasfin Alam, Chief Corporate Affairs Officer AHM Hasinul Quddus (Rusho), Chief Commercial Officer Sabbir Hossain, Director of Growth Marketing Mashrur Hasan Mim, and Monjuri Mallik, director of Technology and Digital Payments & Strategy.
To sum up, with different payment alternatives, both companies are hoping that, this agreement will offer a convenient payment solution for the users and improve their shopping experiences.
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