Nagad hits Tk100 crore mark in daily transactions
Within its 10-month journey, the government-run digital financial service has gained public trust through commendable services
Nagad, the Bangladesh Post Office's digital financial service, has achieved a milestone with its daily transactions hitting the Tk100 crore mark on January 10.
Mustafa Jabbar, minister for Post and Telecommunication, published a post on his verified Facebook page on Saturday in this regard, according to a press release issued by Nagad on Sunday.
"We are declaring it with pride that Nagad's daily transactions outstripped the TK100 crore mark on the historic Homecoming Day of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman," the minister wrote in his Facebook post.
Keep updated, follow The Business Standard's Google news channel
Nagad officially began its operation on March 26, 2019. Within its 10-month journey, the government-run digital financial service has gained public trust through commendable services.
Nagad charges only Tk14.50 against each cash-out transaction of Tk1000 – the lowest charge in the country. It also sends back Tk5 to customers against each Tk1000 cash-out, the press release said.
