Initially, the services will be available through nine banks, including state-owned Sonali and Rupali, and Social Islami Bank, Palak told bdnews24.com on Monday. Digital transactions will be smooth and remittance inflow will rise,” the state minister remarked. He said online payment services are ‘very important’ for establishing a ‘Digital Bangladesh’ as pledged by the government. State Minister Palak said the launch of the PayPal services will also play a significant role in achieving Bangladesh’s target to earn $5 billion annually through the ICT sector by 2021. The state minister said the government’s discussions with the PayPal authorities were ongoing.

Source: bd News24 October 09, 2017 13:30 UTC