Sonali Bank Director-in-charge Md Abdur Rob told bdnews24.com on Friday that PayPal had responded with positive indications to a proposal made by the bank to sign an MoU. “We hope the service will start in Bangladesh from next month”, he said. The government has been trying to introduce the service in Bangladesh since 2011. PayPal is an e-commerce organisation through which money can be transferred through the internet using an electronic bank credit or debit card, PayPal cheques or by using virtual cash from Pay Pal accounts. At that time, he had said that discussions revolved round meeting infrastructural needs to ensure that Bangladesh could be put on their list.

Source: bd News24 July 15, 2016 14:15 UTC