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Tuesday, April 25, 2017

PayPal to start Bangladesh operation soon

PayPal to start Bangladesh operation soon

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PayPal, a global online payment system, is likely to start its operations in Bangladesh soon, paving the way for hassle-free electronic money transfer and increasing access to foreign consumers as well as easing the collection of money for the freelancers of the country.
The information came from the weekly cabinet meeting held in the cabinet room of the Bangladesh secretariat on Monday with prime minister Sheikh Hasina in the chair. "Today's cabinet meeting discussed the potentials of launching the PayPal services in Bangladesh," cabinet secretary M Shafiul Alam told journalists after the meeting.
He said state minister for ICT Zunaid Ahmed Palak visited Germany from 22 to 24 March, the USA from 29 to 31 March and Argentina from 2 to 4 April and met the high executives of Google, Facebook and PayPal.
Describing the output of the meeting with PayPal, Shafiul Alam said, PayPal is likely to come in Bangladesh very soon.