• TechNews
    • Trending
    • Startups
    • Stories
    • AR & VR
    • IoT
    • AI & Big Data
    • Personality
  • Cyber Security
    • Courses & Programs
    • Software
    • VPN
    • How to!
    • SaaS
  • Reviews
  • Press Release
  • PR Newswire
  • Business Wire
  • Contact
    • Write For Us?
Monday, March 27, 2023
  • Login
  • Register
TTM
  • TTM
  • TechNews
    • All
    • AI & Big Data
    • AR & VR
    • Business Wire
    • HealthTech
    • IoT
    • MarTech
    • Personality
    • SaaS
    • Startups
    • Tips & Tricks
    • Trending
    spreading-technology-THETECHNEWS

    Global Power Semiconductor Market to 2028: Increasing Demand for Electric Vehicles (EVs) and Escalating Adoption of Industrial Automation Drives Growth

    Startups-THETECHMUSK

    ClinAI Chooses The Sales Ops Group to Accelerate Sales Transformation and Drive Value Proposition Alignment!

    spreading-technology-THETECHNEWS

    Momentus Grants Inducement Awards to 12 New Employees

    spreading-technology-THETECHNEWS

    Viettel Shifts Sight To Emphasize OPEN RAN Technologies

    spreading-technology-THETECHNEWS

    TPIsoftware Named A Top FT 500 Asia-Pacific High-Growth Company of 2023 for Second Consecutive Year

    spreading-technology-THETECHNEWS

    Tencent Cloud Shines Spotlight on Affordable AAA Game Tech for Everyone at 2023 Game Developers Conference

    Trending Tags

    • Best iPhone 7 deals
    • Apple Watch 2
    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • iOS 10
    • iPhone 7
    • Sillicon Valley
    • Trending
    • AI & Big Data
    • IoT
    • Startups
    • AR & VR
    • Personality
    • Stories
    • Business Wire
  • Cyber Security
    • All
    • Courses & Programs
    • How to!
    • News
    • Software
    • Tips & Tricks
    • VPN
    spreading-technology-THETECHNEWS

    Adobe and NVIDIA Partner to Unlock the Power of Generative AI

    CyberSecurity-THETECHNEWS

    Best VPN Software in 2023!

    spreading-technology-THETECHNEWS

    Cyber Security Innovation Accelerated in Sydney!

    spreading-technology-THETECHNEWS

    How to Switch Careers at Any Age: Start a New Job in Your 30s, 40s, or 50s!

    spreading-technology-THETECHNEWS

    These Thought Leaders Share Their Thoughts on Data Privacy Day 2023!

    CyberSecurity-THETECHNEWS

    2023 Tech Industry Predictions!

    Trending Tags

      • News
      • Tips & Tricks
      • How to!
      • Courses & Programs
      • Software
      • VPN
    • Reviews
      • All
      • Hosting Review
      spreading-technology-THETECHNEWS

      Node.js vs. Python: The Best Language in 2023?

      spreading-technology-THETECHNEWS

      The Era of High-Speed Intelligent Printing with FDM 3D Printers has Arrived!

      spreading-technology-THETECHNEWS

      Why React is Cooler than Others || TTM

      spreading-technology-THETECHNEWS

      BDIX Hosting Advantage and Disadvantage!

      spreading-technology-THETECHNEWS

      PostPace Review- An Amazing Productivity Platform for Writers & Bloggers!

      Reviews-THETECHNEWS

      Best IoT Platforms Review: Going Top in 2021

    • Best 05
    • Applications
    No Result
    View All Result
    • TTM
    • TechNews
      • All
      • AI & Big Data
      • AR & VR
      • Business Wire
      • HealthTech
      • IoT
      • MarTech
      • Personality
      • SaaS
      • Startups
      • Tips & Tricks
      • Trending
      spreading-technology-THETECHNEWS

      Global Power Semiconductor Market to 2028: Increasing Demand for Electric Vehicles (EVs) and Escalating Adoption of Industrial Automation Drives Growth

      Startups-THETECHMUSK

      ClinAI Chooses The Sales Ops Group to Accelerate Sales Transformation and Drive Value Proposition Alignment!

      spreading-technology-THETECHNEWS

      Momentus Grants Inducement Awards to 12 New Employees

      spreading-technology-THETECHNEWS

      Viettel Shifts Sight To Emphasize OPEN RAN Technologies

      spreading-technology-THETECHNEWS

      TPIsoftware Named A Top FT 500 Asia-Pacific High-Growth Company of 2023 for Second Consecutive Year

      spreading-technology-THETECHNEWS

      Tencent Cloud Shines Spotlight on Affordable AAA Game Tech for Everyone at 2023 Game Developers Conference

      Trending Tags

      • Best iPhone 7 deals
      • Apple Watch 2
      • Nintendo Switch
      • CES 2017
      • Playstation 4 Pro
      • iOS 10
      • iPhone 7
      • Sillicon Valley
      • Trending
      • AI & Big Data
      • IoT
      • Startups
      • AR & VR
      • Personality
      • Stories
      • Business Wire
    • Cyber Security
      • All
      • Courses & Programs
      • How to!
      • News
      • Software
      • Tips & Tricks
      • VPN
      spreading-technology-THETECHNEWS

      Adobe and NVIDIA Partner to Unlock the Power of Generative AI

      CyberSecurity-THETECHNEWS

      Best VPN Software in 2023!

      spreading-technology-THETECHNEWS

      Cyber Security Innovation Accelerated in Sydney!

      spreading-technology-THETECHNEWS

      How to Switch Careers at Any Age: Start a New Job in Your 30s, 40s, or 50s!

      spreading-technology-THETECHNEWS

      These Thought Leaders Share Their Thoughts on Data Privacy Day 2023!

      CyberSecurity-THETECHNEWS

      2023 Tech Industry Predictions!

      Trending Tags

        • News
        • Tips & Tricks
        • How to!
        • Courses & Programs
        • Software
        • VPN
      • Reviews
        • All
        • Hosting Review
        spreading-technology-THETECHNEWS

        Node.js vs. Python: The Best Language in 2023?

        spreading-technology-THETECHNEWS

        The Era of High-Speed Intelligent Printing with FDM 3D Printers has Arrived!

        spreading-technology-THETECHNEWS

        Why React is Cooler than Others || TTM

        spreading-technology-THETECHNEWS

        BDIX Hosting Advantage and Disadvantage!

        spreading-technology-THETECHNEWS

        PostPace Review- An Amazing Productivity Platform for Writers & Bloggers!

        Reviews-THETECHNEWS

        Best IoT Platforms Review: Going Top in 2021

      • Best 05
      • Applications
      No Result
      View All Result
      TTM
      No Result
      View All Result
      Home Press Release

      Nagad Gets Visa ‘Excellence in Fintech’ Award!

      Md. Nazrul Islam by Md. Nazrul Islam
      October 12, 2022
      in Press Release
      25 2
      0
      spreading-technology-THETECHNEWS
      13
      SHARES
      671
      VIEWS
      Share on FacebookTweet

      DHAKA, Bangladesh, Oct. 12, 2022 /PRNewswire/ — Visa, the global leader in payments solutions, has conferred Nagad, Bangladesh’s disruptive mobile financial service provider, with the ‘Excellence in Fintech Product Innovation 2022’ award in recognition of its innovations to further the country’s financial inclusion goals.

      Nagad the Digital Financial Service of Bangladesh Post

      In three years of its existence, Nagad has introduced the electronic Know Your Customer (e-KYC) to Bangladesh leveraging the country’s National Identity Card database.

      Thanks to e-KYC, a mobile financial account can be opened without any paper documentation from one’s smartphone — a move that has slashed the financial sector’s client onboarding costs substantially.

      The drop in operational costs translated to lower tariffs for customers, a disruptive move for the industry. It also made the platform more affordable for poor and low-income people.

      To bring the feature phone users on board the e-KYC process, Nagad has come up with a separate process for them: a Nagad account can be opened in minutes by dialling *167# from the feature phone and setting a PIN.

      This was a giant leap in Bangladesh’s financial inclusion agenda.

      And those with no Nagad account yet can also receive money from a Nagad account to their mobile number. When the Nagad account is opened, within three days, the amount received shows up in the balance. This is yet another contribution toward innovation in Bangladesh’s financial sector and towards customer trust-building on the platform.

      ADVERTISEMENT

      Today, thanks to Nagad’s ease of use, lower charges, and inclusive strategy, it has leapfrogged the incumbents to become the preferred digital financial service provider of the masses and has racked up more than 65 million customers in just three and a half years.

      Nagad is now building on this solid base to set up the country’s first digital bank, which would be yet another contribution to technological advancement in Bangladesh’s financial sector.

      Tanvir A Mishuk, Founder and Managing Director of Nagad, said: “Nagad is constantly working to introduce revolutionary payment solutions to Bangladesh keeping the common and marginal people in mind. This Visa award will definitely inspire us to introduce more such solutions that will make people’s lives easier.”

      ADVERTISEMENT

      Soumya Basu, Country Manager, Bangladesh, Nepal & Bhutan, Visa, said: “We are delighted to recognise Nagad’s contribution through the ‘Excellence in Fintech Product Innovation 2022’ award and congratulate them.”

      Nagad and Visa jointly pioneered a solution a few months ago that allows consumers to use Nagad to transfer funds directly from their wallet to any bank account linked to a Visa card.

      About Nagad Ltd 

      (https://www.nagad.com.bd/)

      Nagad Limited is one of the leading mobile financial services (MFS) in the payment industry of Bangladesh with 65 million registered customers and an average daily transaction of about USD 80 million. The digital payment platform is known as a successful public-private partnership between the Bangladesh Postal Department and the private sector. Inaugurated in 2019 by Prime Minister Sheikh Hasina of the people’s republic of Bangladesh.

      SOURCE Nagad Limited

      Tags: Bangladesh techBangladesh's financial inclusion agendaExcellence in FintechExcellence in Fintech' AwardFintech awardNagadNagad Gets Visa awardpayments solutions

      Get real time update about this post categories directly on your device, subscribe now.

      Unsubscribe
      ADVERTISEMENT

      Recommended.

      Reviews-THETECHNEWS

      GrowthGenius Review- Connecting Customers With Generating Leads!

      technews-THETECHNEWS

      Experiencing Intuitive Voice With Emotional Amazon Alexa

      November 15, 2020

      Trending.

      CyberSecurity-THETECHNEWS

      Best VPN Software in 2023!

      February 28, 2023
      CyberSecurity-THETECHNEWS

      Research: Adult Content, Streaming, and Video Hosting Sites Have the Most Security Threats!

      February 24, 2023
      spreading-technology-THETECHNEWS

      What Thought Leaders Think About ChatGPT

      March 22, 2023
      spreading-technology-THETECHNEWS

      Swisslog Rebranding Reflects a New Era of Digital Logistics!

      March 15, 2023
      spreading-technology-THETECHNEWS

      Moomoo’s Continuous Innovation Journey on AWS!

      March 17, 2023
      Girl in a jacket

      TTM

      THETECHMUSK, shortly as TTM; spreads amazing content from worldwide based on technology, CyberSecurity, unique product reviews, applications & the BEST 05 listicles editorial approach. Get reading with the world of spreading technology!

      Follow TTM

      by sur.ly

      100% Reputable
      Tech News & Reviews

      Website
      2021

      Categories

      • AI & Big Data
      • Android
      • Applications
      • AR & VR
      • Best 05
      • Best Apps
      • Business
      • Business Wire
      • BusinessWire
      • Courses & Programs
      • CryptoCurrency
      • Cyber Security
      • HealthTech
      • Hosting Review
      • How to!
      • Interview
      • IoT
      • MarTech
      • News
      • Personality
      • PR Newswire
      • Press Release
      • Reviews
      • SaaS
      • Software
      • Startups
      • TechNews
      • Tips & Tricks
      • Tips & Tricks
      • Trending
      • VPN

      Recent News

      spreading-technology-THETECHNEWS

      Global Power Semiconductor Market to 2028: Increasing Demand for Electric Vehicles (EVs) and Escalating Adoption of Industrial Automation Drives Growth

      March 27, 2023
      Startups-THETECHMUSK

      ClinAI Chooses The Sales Ops Group to Accelerate Sales Transformation and Drive Value Proposition Alignment!

      March 26, 2023
      spreading-technology-THETECHNEWS

      Momentus Grants Inducement Awards to 12 New Employees

      March 26, 2023

      Reviews

      spreading-technology-THETECHNEWS

      PostPace

      You now have got a better visualization of what actually PostPace $49
      Reviews-THETECHNEWS

      Deepmind Technologies

      The mission is to develop a capable problem-solving process that is
      Reviews-THETECHNEWS

      SiteLock

      SiteLock focuses on helping out small businesses of the underserving market. $149.99 per site/year (SecureAlert)
      • About Us
      • Privacy Policy
      • Cookie Statement
      • Write For Us?
      • Contact

      © 2023 THETECHMUSK || "Spreading Technology by TTM".

      No Result
      View All Result
      • TechNews
        • Trending
        • Startups
        • Stories
        • AR & VR
        • IoT
        • AI & Big Data
        • Personality
      • Cyber Security
        • Courses & Programs
        • Software
        • VPN
        • How to!
        • SaaS
      • Reviews
      • Press Release
      • PR Newswire
      • Business Wire
      • Contact
        • Write For Us?

      © 2023 THETECHMUSK || "Spreading Technology by TTM".

      Welcome Back!

      OR

      Login to your account below

      Forgotten Password? Sign Up

      Create New Account!

      Fill the forms below to register

      All fields are required. Log In

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In

      Add New Playlist

      Go to mobile version