Visa to add QR Payment In Bangladesh1 min read

Finally, all the hassles regarding payment in this digital world seem to come at an end here in Bangladesh. With the revolution of Digital Fintech services in Bangladesh – now, Visa has to take a step to make payments at ease. This time, it’s going to be pretty much more accessible.

Visa has announced that it’s going to launch a QR payment system in Bangladesh within the next one and half month. TR Ramachandran, country manager of Visa India and South Asia, has announced that in a press conference at Intercontinental Dhaka.

Read More: Now You Can Also Add Money From VISA To bKash

He said it would require only mobile banking apps which are linked to the debit, credit, or the prepaid card. He has also thanked Bangladesh Bank for the relevant guidelines toward the payment system which is being termed as the Bangla QR.

Reportedly, Mr. Ramachandran also added till now only 6% of the client was making payments through the digital services. He believes that it’s going to be an excellent opportunity for Visa to expand business in Bangladesh. He’s expecting to collaborate with at least 10-15 banks for this initiative as well as 1 Lakh merchants joining this initiative within next 6 Months.

Visa has been one of the global leaders in digital payments technology. It has been working with various banks and partners for the last 61 years. The 10.72 billion net worth keeping company has got different payment services like a credit card, debit card, master card and so on. Having so many tremendous successes since the last 2-3 decades, we’re all expecting a significant outcome of the latest QR payment system.

Let us know about your thoughts regarding Visa’s upcoming QR payment system.

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