Author: Mohammad Faijul Islam

The government will launch a digital transaction platform with unified payment interface to support interoperable services among all accounts of traditional banks and mobile financial services (MFS). The platform will enable cross-platform transactions irrespective of banks or mobile financial services as well as making any bill payment. The ICT Division is now piloting the system… Continue reading Govt to launch unified digital payment system

State Minister for Information and Communication Technology (ICT) Junaid Ahmed Palak has said an inter-operable digital transaction platform (IDTP) will be launched to prevent irregularities, costs, and harassment in financial transactions. He said the people of the country would be brought online through the provision of digital services to ensure transparency and accountability in the… Continue reading Interoperable digital transaction platform to be launched to curb irregularities: Palak

The government has taken an initiative to make all accounts of banks, mobile financial services and payment system providers interoperable this year, a development that will allow people to move funds effortlessly within the financial sector on real-time and at lower costs. The new system — Interoperable Digital Transaction Platform (IDTP) — will be set… Continue reading Interoperability across all financial systems this year

The ICT Division and Bangladesh Bank (BB) signed a Memorandum of Understanding (MoU) on Monday, aiming to implement an ‘Interoperable Digital Transaction Platform (IDTP)’ in order to accelerate FinTech and digital financial inclusion. Md Mezbaul Haque, General Manager of the Payment Systems Division of BB, and Syed Mojibul Huq, Additional Secretary and Director of iDEA… Continue reading BB signs MoU with ICT Division