Nagad slashes transaction charge for SMEs
Skip to main content
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
The Business Standard

Tuesday
February 07, 2023

Sign In
Subscribe
  • Home
  • Economy
    • Aviation
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • World+Biz
  • Sports
  • Features
    • Book Review
    • Brands
    • Earth
    • Explorer
    • Fact Check
    • Family
    • Food
    • Game Reviews
    • Good Practices
    • Habitat
    • Humour
    • In Focus
    • Luxury
    • Mode
    • Panorama
    • Pursuit
    • Wealth
    • Wellbeing
    • Wheels
  • Epaper
  • More
    • Subscribe
    • Videos
    • Thoughts
    • Splash
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • COVID-19
    • Games
    • Long Read
    • Interviews
    • Offbeat
    • Podcast
    • Quiz
    • Tech
    • Trial By Trivia
    • Magazine
  • বাংলা
TUESDAY, FEBRUARY 07, 2023
Nagad slashes transaction charge for SMEs

Banking

TBS Report
16 April, 2020, 09:25 pm
Last modified: 16 April, 2020, 09:35 pm

Related News

  • Nagad offers 25% cashback on shopping to celebrate Valentine's Day
  • 25% cashback on Nagad shopping to celebrate Valentine's Day
  • Two-month long Nagad-Rokomari book fair begins
  • Covid remains a public health emergency, says WHO
  • Nagad wins Posts and Telecommunications Award 2023

Nagad slashes transaction charge for SMEs

Nagad has also decided to stand beside five types of business and traders- pharmacy, essential goods, post office, market, and small and medium investors

TBS Report
16 April, 2020, 09:25 pm
Last modified: 16 April, 2020, 09:35 pm
Nagad slashes transaction charge for SMEs

Prime Minister Sheikh Hasina has taken various initiatives to protect small businesses from the impact of coronavirus pandemic. 

In this regard, she urged all to stand beside the country from their respective positions in time of this crisis. 

Responding to the Prime Minister's call, Bangladesh Post Office's mobile financing service Nagad has reduced transaction charge by Tk6 in every Tk1000 transaction for small and medium-scale businesses, said a press release on Thursday.

Minister for Post and Telecommunication Mustafa Jabbar and Director General of Bangladesh Postal Department Sudhangshu Shekhar Bhadra planned to cut the transaction cost in line with the Prime Minister's call.

As part of the plan, Nagad has introduced a new policy named Swadhin Merchant to stand beside the country's small businesses. 

Under this policy, a Swadhin Marchent will be able to make business transactions to any other same businesses by paying only Tk6 as a charge against a transaction of Tk1000 each. 

Nagad has also decided to stand beside five types of business and traders- pharmacy, essential goods, post office, market, and small and medium investors. 

Besides, Nagad has cut its advertisement budget down to decrease transaction costs. It also implemented many other steps such as deducting no charge for cashing out of first Tk1000 and taking no settlement charge for essential commodity and medicine.

Nagad / Coronavirus

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • The world's richest person is trying to head off a succession battle
    The world's richest person is trying to head off a succession battle
  • Illustration: TBS
    Foreign aid for national budget drops by $1 billion: Finance Minister
  • Photo: Reuters
    A tragedy that will also shake up the region's geopolitics

MOST VIEWED

  • Govt borrowing from commercial banks surges
    Govt borrowing from commercial banks surges
  • Photo: PR
    Bangladesh Bank, Brac Bank organise awareness programme on FX clearing through RTGS
  • Photo: Collected
    BB relaxes rule of storing audited financial report for CMSMEs
  • Photo: Reuters
    Prompt export proceeds to get Tk0.50 more per dollar
  • Service exporters to get foreign currency retention quota facility
    Service exporters to get foreign currency retention quota facility
  • ICB to withdraw Padma Bank investment as return eludes
    ICB to withdraw Padma Bank investment as return eludes

Related News

  • Nagad offers 25% cashback on shopping to celebrate Valentine's Day
  • 25% cashback on Nagad shopping to celebrate Valentine's Day
  • Two-month long Nagad-Rokomari book fair begins
  • Covid remains a public health emergency, says WHO
  • Nagad wins Posts and Telecommunications Award 2023

Features

Photo: Reuters

A tragedy that will also shake up the region's geopolitics

1h | Panorama
Nimah designed by Compass Architects- Wooden tiles. Photo: Junaid Hasan Pranto

Trendy flooring designs to upgrade any space

11h | Habitat
Benefits of having high ceilings in your new home

Benefits of having high ceilings in your new home

11h | Habitat
Each Reverse Osmosi plant can produce approximately 8,000 litres of drinking water a day for around 250 families. Photo: Sadiqur Rahman

A drop in the ocean of persistent water crisis

12h | Panorama

More Videos from TBS

30% companies see double-digit growth even in hard times

30% companies see double-digit growth even in hard times

3h | TBS Insight
Challenging time waiting for RMG

Challenging time waiting for RMG

10h | TBS Round Table
"Full Moon Meditation" organized by Department of Theater and Performance Studies, University of Dhaka

"Full Moon Meditation" organized by Department of Theater and Performance Studies, University of Dhaka

10h | TBS Graduates
10 cricketers who have played over 400 T20 matches

10 cricketers who have played over 400 T20 matches

10h | TBS SPORTS

Most Read

1
Photo: Courtesy
Panorama

From 'Made in Bangladesh' to 'Designed in Bangladesh'

2
Leepu realised his love for cars from a young age and for the last 40 years, he has transformed, designed and customised hundreds of cars. Photo: Collected
Panorama

'I am not crazy about cars anymore': Nizamuddin Awlia Leepu

3
Master plan for futuristic Chattogram city in the making
Districts

Master plan for futuristic Chattogram city in the making

4
The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo
Economy

IMF approves $4.7 billion loan for Bangladesh, calls for ambitious reforms

5
Belal Ahmed new acting chairman of SIBL
Banking

Belal Ahmed new acting chairman of SIBL

6
Photo: Collected
Crime

Prime Distribution MD Mamun arrested in fraud case

EMAIL US
[email protected]
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Privacy Policy
  • Comment Policy
Copyright © 2023
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - [email protected]

For advertisement- [email protected]