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Main international funds service supplier Visa has conferred Nagad with the ‘Excellence in Fintech Product Innovation 2022’ award for its latest supply of transferring cash from the cellular pockets to any Visa card.
The award has additionally been conferred upon Nagad for the state of artwork expertise with simply accessible cost options, experiences BSS.
That is for the primary time Visa has awarded the title to a cellular monetary service supplier in Bangladesh.
Visa lately hosted the ‘Visa Management Conclave-Digital Funds for Sensible Bangladesh 2022’ at a metropolis lodge within the capital.
Salman Fazlur Rahman, MP, Adviser to the Prime Minister on Non-public Business and Funding, was current because the chief visitor on the occasion.
Khurshid Alam, govt director, cost methods division, Bangladesh Financial institution, Scott Brandon, political and financial counselor US Embassy Dhaka, Sandeep Ghosh, group nation supervisor Visa India, and South Asia, Mezbaul Haque, director, Bangladesh Financial institution, Nagad’s chief business officer (CCO) Sadat Adnan Ahmed and chief gross sales officer (CSO) Md. Shihab Uddin Chowdhury have been current, amongst others, on the event.
“We’re delighted to acknowledge Nagad’s contribution by the ‘Excellence in Fintech Product Innovation 2022’ award and congratulate them,” mentioned Soumya Basu, Visa’s nation supervisor for Bangladesh, Nepal and Bhutan.
Nagad and Visa collectively pioneered an answer a number of months in the past that permits shoppers to make use of Nagad to switch funds immediately from their pockets to any checking account linked to a Visa card, he mentioned.
“Accelerating the interoperability between MFS and banks, we imagine this initiative has not solely made digital funds handy, but additionally gave shoppers the consolation of cash motion anytime and from wherever,” Basu added.
Nagad at all times strives to introduce revolutionary options geared in the direction of the advantage of the widespread folks of the nation, mentioned Rahel Ahmed, chief govt officer of Nagad, who obtained the award on the ‘Visa Management Conclave-Digital Funds for Sensible Bangladesh 2022’ held lately at a metropolis lodge.
“We wish to make folks’s lives simpler and this Visa award will certainly encourage us to give you extra such options,” Ahmed added.
Nagad pioneered the system of opening a cellular monetary account with out the necessity for any paper documentation. Anybody can open a Nagad account inside minutes by dialing *167#.
As of now, Nagad has greater than 6 crore subscribers.
Visa Management Conclave is a platform for senior business leaders to debate and trade data on cost methods. Via this annual occasion, Visa recognises its companions and associates for his or her achievements in quite a lot of areas, enabling the organisations to develop their partnership initiatives.
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