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Postal life insurance offers financial protection to future generations

Postal life insurance offers financial protection to future generations
thedailystar.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thedailystar.net Daily Mail and Mail on Sunday newspapers.

A lasting impact with Nagad | The Daily Star

A lasting impact with Nagad The word Nagad means cash. It s a word that s frequently used to refer to instant impact. Likewise, aiming to stay true to its name, Nagad has taken on initiatives that not only have an economic value, but social importance as well. Even though it s only been around for a little over two years, Nagad has already secured a large number of customers and is currently the second largest mobile finance carrier in the country. But let s ask the real questions, what are they doing that calls for the attention? How about women empowerment? Take Purnima Mandal, for example. Having completed the higher secondary certificate level in commerce, she was enthusiastic to start her own business and financially support her husband. As a result, she opened a mobile recharge point close to the under-construction coal-fired power station at Rampal Upazila of Bagerhat where she also started offering digital transactions with Nagad, soon after the service was launched in e

Nagad to create 10 women entrepreneurs in each upazila | Bangladesh Sangbad Sangstha (BSS)

Nagad to create 10 women entrepreneurs in each upazila | Bangladesh Sangbad Sangstha (BSS)
bssnews.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bssnews.net Daily Mail and Mail on Sunday newspapers.

Mobile money (dis)order of Bangladesh Post Office

Bluffing with DFS The postal department plunged into another debacle by partnering with Third Wave Technologies, a private company, to launch what it calls Digital Financial Service or DFS under the brand name of Nagad on March 26, 2019. The postal department plays no role either in board or management of Nagad but it theoretically receives 51 percent of profit. DFS is nonexistent in banking or financial rulebooks. It is entirely a Mobile Financial Service (MFS), which the Bangladesh Bank regulates strictly. Unregulated Nagad has stormed into the market with undue privileges. Its DFS customers could send Tk 50,000 in one transaction using mobile phone while the competing MFS customers could send only Tk 10,000,

Nagad driving digital transformation in Bangladesh

Nagad driving digital transformation in Bangladesh Dhaka, Feb 19 (UNI) A year ago when Coronavirus pandemic brought everything to a halt across the world, digital technology not only made work from home possible and connected people but also made digital payments widespread. The pandemic provided an opportunity to a newbie digital platform, Nagad which came to the rescue of business entities in Bangladesh as well as common people for transferring money from their bank accounts and also enabled people to pay the prescribed fees for Covid-19 tests. Nagad, meaning cash, promoted online payments, e-commerce and utility bill payments in a big way in Bangladesh.

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