Friday, 12th April, 2024
Friday, 12th April, 2024

Nagad joins forces with GP to drive digital financial inclusion

Nagad, the digital financial service of Bangladesh Post Office, has officially started the process to bring the users of Grameenphone Limited under this state-of-the-art innovation.

The initiative will enable the 7.6 crore Grameenphone users to efficiently avail the services of Nagad, said a press release today.

To this end, an agreement was signed between Nagad and Grameenphone Limited in this regard recently.

Under the deal, Grameenphone customers can become the clients of Nagad by opening an account dialling *167# from their mobile phone and setting the PIN. For the last few months, Grameenphone customers have been availing this innovative service on a trial basis.

Nagad, the fastest growing mobile financial service of the world, today launched this technological innovation for the Grameenphone users through a virtual event.

Posts and Telecommunications Minister Mustafa Jabbar inaugurated the rollout of this joint initiative between Nagad and Grameenphone, further speeding up the digital financial inclusion process.

Moreover, Grameenphone subscribers can become users of Nagad even if they download the app of Nagad and set a four-digit PIN.

Posts and Telecommunications secretary Md Afzal Hossain, Bangladesh Telecommunication Regulatory Commission (BTRC) Chairman Shyam Sundar Sikder, Director General of the Bangladesh Postal Department Md Siraz Uddin, Tanvir A Mishuk, Managing Director of Nagad and Yasir Azman, Chief Executive Officer (CEO) of Grameenphone Limited was present in the event.

From the beginning of Nagad’s journey in March 2019, customers have been able to open an account instantly with a selfie and the photo of the NID card through Nagad app under its digital KYC initiative. For cash-in at least Tk 500 within 24 hours of opening the account, the customer can get chance to become a LAKHPOTI.

Besides, Grameenphone customers can enjoy some lucrative offers if they recharge their mobiles through Nagad, second-largest digital financial service carrier of Bangladesh.

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