29 C
Wednesday, August 17, 2022

BRAC Bank to provide multiple digital banking services to ChaldalPay

BRAC Bank and ChaldalPay have recently signed a partnership agreement on digital payment and settlement services.

ChaldalPay is an e-wallet based online payment platform of Chaldal Payments Limited, a sister concern of Chaldal Limited. The concept of ChaldalPay evolved to support the ecosystem of Chaldal.

ChaldalPay will facilitate easy payment and refund system, to the users of different businesses of Chaldal. It will be first launched within the business units of Chaldal Limited and will gradually be extended to the supply chain of Chaldal which covers the major FMCG’s in Bangladesh.

Chaldal Payments Limited will use the settlement services of BRAC Bank to facilitate transactions for its upcoming ChaldalPay e-wallet under the Payment Services Provider (PSP) license. 

The integration between ChaldalPay and BRAC Bank will help the customers of both organizations to enjoy smooth, reliable, and secure transactions conveniently.

Sabbir Hossain, DMD and Chief Operating Officer, BRAC Bank Limited, and Waseem Alim, Managing Director, Chaldal Payments Limited, signed the agreement on behalf of their respective organizations.

Siraj Siddiquey (Shakil), Head of Digital Banking; Sheikh Mohammad Ashfaque, Head of Branches, Distribution Network, BRAC Bank Limited; Ishrat Jahan Nabila, Director; Tanveer Rashid, Director; and Riaz Rahman Bony, Director; Chaldal Payments Limited, were also present on the occasion.


Related Articles

Next Generation Banker of Bangladesh

First AGM of NGBB held, bankers vow to build a trust fund

Next Generation Banker of Bangladesh, a platform of young professional bankers of the country, held its first annual general meeting on Friday at the...
EPIC Group and CleanKore

EPIC Group and CleanKore Announce Bold Plans to Advance Sustainable Denim

Hong Kong based Epic Group, a leading garment manufacturer for global brands Monday (July 18) announced its strategic partnership with CleanKore, a denim innovation...
Jermatz Limited

Jermatz receives National Productivity and Quality Excellence Award 2020

Jermatz Limited, a local jute products manufacturer, has been awarded National Productivity and Quality Excellence award 2020. The Managing Director of Jermatz Limited, Ismat Jerin...
Denim expo demonstrates the prowess of the Bangladesh denim industry

The 12th edition of the denim expo demonstrates the prowess of the Bangladesh denim industry

The two-day Bangladesh Denim Expo, organized by Bangladesh Apparel Exchange (BAE), ended with buyers, makers (both denim fabric and accessories), and sellers satisfied as...
Denim expo 2022

Denim expo bounces back after two years

The 12 edition of Bangladesh Denim Expo, an international exposition of denim products, will be held at the International Convention City Bashundhara (ICCB) in...
Samo Leather opens leather

“Samo Leather opens leather outlet to bring world-class items to the doorsteps of its...

Samo Leather has opened a new store to provide one-stop solutions for all types of genuine leather products to its consumers, with the goal...