Bangladesh Bank has always been providing policy support to reduce cash dependency and build an inclusive, safe and effective transaction system, said Md. Sharafat Ullah Khan, Director, PSD, Bangladesh Bank on Monday
“Through collective efforts, we will be able to establish a modern, technology-based economic structure”, the Director added.
He was addressing the launching of a groundbreaking pilot initiative titled ‘Cashless Savar’, organized by Visa in partnership with SSL Commerce at Savar.
Sharafat said “‘Cashless Savar’ organized by Visa is a timely and commendable initiative to expand and encourage digital transaction services among the marginalized communities outside Dhaka.
The program aims to expand card acceptance beyond metropolitan areas and accelerate the adoption of digital payments in the Savar region.
The launch event, held at Savar New Market, was graced by the esteemed presence of Md. Sharafat Ullah Khan, Director, Payment Systems Department, Bangladesh Bank; the Country Manager of Visa; Raiyan S. Islam, Director, SSL Commerce; and other senior officials from the participating organizations.
‘Cashless Savar’ aligns with Bangladesh Bank’s vision for a Cashless Bangladesh and reinforces the regulator’s ongoing commitment to empowering communities with secure and convenient payment
solutions.
Sabbir Ahmed, Country Manager - Bangladesh, Nepal and Bhutan, Visa said, “At Visa, our mission is to uplift everyone, everywhere, by being the best way to pay and be paid. We therefore believe in helping people and communities benefit from the convenience and security of digital payments.”
