29 December 2016 – Dhaka, Bangladesh,
Payza Bangladesh and SureCash have signed an agreement at SureCash head office to enable payment interoperability and enhance online payment solution in Bangladesh.
The partnership will enable Payza and SureCash account holders to transfer electronic money from one account to the other in real-time, and enable Payza members to use SureCash agent network to deposit funds into or to withdraw funds from their Payza accounts. Bangladesh Commerce Bank will work as intermediary bank for the transactions.
The agreement was signed by Chairman of Casada Technology Bangladesh LTD (Payza Bangladesh) Intezar Ahmed and CEO of SureCash Dr. Shahadat Khan. SEVP S.M. Jahangir Akhter and FAVP Md. Sarwar Mahmud from Bangladesh Commerce Bank, CBO Md. Abu Taleb from SureCash, and Nafis Ehtisham, Head of Operations, Marketing and Sales from Payza Bangladesh were present in the ceremony.
“We are thrilled to have partnered with SureCash widening option to add and withdraw funds for Payza users, as our main focus is to enhance online payments in Bangladesh,” said Nafis Ehtisham of Payza.
SureCash CEO Dr. Shahadat Khan said, “Interoperability between SureCash and Payza will benefit our customers especially for freelance workers and online shoppers. Freelance workers can now earn foreign currency for their online work through their Payza accounts and then withdraw the money through SureCash.”
Payza, a leading global online payment gateway is operating in Bangladesh as the first ever e-Wallet approved by Bangladesh Bank. Payza Bangladesh e-Wallet is helping to facilitate local e-commerce and f-commerce, online payments, corporate disbursement, remittance and all other e-services.
SureCash is a complete mobile banking and payment platform, currently operating in agreement with 6 banks in Bangladesh. Using this platform, a customer can send money all over the country, make various payments such as education fees, utility bills, and online purchases, recharge mobile balance and receive personal remittance using own phone. Customers may open mobile banking account or deposit/withdraw cash at any of the 90,000 SureCash retail agents distributed around the country.