Bangladesh Bank governor joins IFIC Bank’s digital payment campaign
IFIC Bank PLC organised a special campaign at the AGB Colony Kitchen Market in Motijheel, Dhaka, today (5 October) under a Bangladesh Bank initiative to expand digital payments across the country and promote Bangla QR.
The campaign began at 9am with Bangladesh Bank Governor Md Mostaqur Rahman visiting the market. He demonstrated the ease and effectiveness of digital payments by purchasing goods using Bangla QR, according to the press release.
During the visit, the governor interacted with local merchants and highlighted the use of Bangla QR, the benefits of cashless transactions and various aspects of safe and secure digital payments.
Keep updated, follow The Business Standard's Google news channel
Speaking on the occasion, IFIC Bank Managing Director Syed Mansur Mustafa said the government's initiative to promote cashless transactions was steadily gaining popularity with Bangladesh Bank's support. He noted that the introduction of free access to Bangla QR-based payment services from 1 October was expected to further accelerate adoption.
He also emphasised the importance of cashless transactions in ensuring greater transparency and good governance, expressing optimism that Bangla QR transactions would soon gain widespread acceptance among consumers and businesses.
Bangladesh Bank has been implementing various initiatives, including Bangla QR, to expand cashless transactions and develop an inclusive digital payment ecosystem across the country.
Continuing these efforts, IFIC Bank said it is bringing modern and convenient banking services closer to people nationwide through its network of more than 1,400 branches and sub-branches and approximately 60,000 merchants.
The bank also continues to play an active role in promoting digital payment solutions such as Bangla QR and increasing public awareness of their use.
