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Digital financial service inevitable: Jabbar

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Staff Reporter
Posts and Telecommunications Minister Mustafa Jabbar yesterday said cashless society in Bangladesh is imminent due to the outcome of government’s digital activities.
“Internet dependency has transformed our life in every sphere of society . . . and the COVID-19 situation has made the digital financial service inevitable,” he said.
The minister was addressing a webinar titled “Digital Bangladesh 2021: Payment System and Fintech” as chief guest, said a ministry press release.
Mentioning that Bangladesh becomes an instance in digital financial service globally, he said country’s people have trusted and received the digital financial service which is an outcome of “digital Bangladesh” campaign of Prime Minister Sheikh Hasina.
Underlying the use of Bangla in communicating with people through SMS and other ways, Jabbar said it would help establish meaningful communication between customers and financial service providers. BGMEA President Dr Rubana Huq, VISA Country Manager Ram Chandra, Mastercard Bangladesh Representative Kamal Saeed, Dutch-Bangla Bank Managing Director Abul Kashem Md Shirin, Bank Asia Managing Director
Syed Mahbubur Rahman, bKash CEO Kamal Quadir and Nagad Managing Director Tanvir Mishuk, among others, also spoke on the occasion. They discussed on the issues of potentialities and problems in establishing cashless society through digital financial services.