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BRAC Bank inks deal with country’s first Gold App


Published : 10 Jul 2023 09:37 PM

BRAC Bank has signed a Payment Gateway Agreement with Gold Kinen Technologies Ltd. 

Gold Kinen is the country’s first hallmarked and certified 22 Karat Gold App, where users can buy, store, sell, gift and collect gold at their doorstep in the form of international standard bars and coins. 

The agreement will enable Gold Kinen to accept payments using VISA and MasterCard through its mobileapp, available at Google PlayStore and Apple App Store. 

BRAC Bank will provide customized Payment Gateway solutions to Gold Kinen Technologies Ltd. 

The partnership enables Gold Kinen to benefit from seamless transactions through cards with faster processing time using BRAC Bank’s state-of-the-art Online Merchant Service Portal. 

Md. Mahiul Islam, Head of Retail Banking, BRAC Bank; and Kamran Sunjoy Rahman, Co-Founder & Chief Executive Officer, Gold Kinen Technologies Ltd; exchanged the signed agreements on behalf of their respective organizations at the signing ceremony held in the bank’s head office in Dhaka on June 26, 2023. 

Syed Abdul Momen, Deputy Managing Director & Head of SME Banking; Khairuddin Ahmed, Head of Merchant Acquiring, Retail Banking, BRAC Bank; and Rafatul Bari Labib, Founder & Chief Commercial Officer; and Atef Hasan, Founder & Chief Financial Officer, Gold Kinen Technologies Ltd, were also present along with other senior officials of both organizations.