It will enables Nagad users to instantly add money from their Mastercard credit, debit and prepaid cards into their accountsBangladesh Postal Department’s financial service Nagad, Southeast Bank and Mastercard launched a new feature for Nagad’s mobile app that enables users to instantly add money from their Mastercard credit, debit and prepaid cards into their Nagad accounts. Mastercard was the pioneer payment scheme in Bangladesh to launch the ‘Add Money’ service for mobile wallets as early as 2019, said a press release. With this service Nagad app users can now add money to their Nagad accounts. To complete seamless transactions any time of the day, Nagad users need to click the ‘Add Money’ button on the Nagad app interface and select the card option. Our collaboration with Mastercard & Southeast Bank Limited will make transactions much more convenient for Nagad users in various multitudes.”Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard said, “Mastercard is proud to collaborate with one of the leading digital financial service providers, Nagad, to launch this wallet loading service for its customers.

Source: Dhaka Tribune July 11, 2020 10:30 UTC