Business Desk :
Freelancers in Bangladesh will now be able to receive payments instantly to their bKash account from all over the world through Payoneer.
The 24/7 real-time payment service will bring more dynamism to the thriving freelancing sector and accelerate the flow of remittance through legal channels to the country, said a press release.
Payoneer, a US-based commerce technology company powering payments and growth for the new global economy; BRAC Bank, a leading private commercial bank of Bangladesh; and bKash, Bangladesh’s largest mobile financial services provider jointly launched the service through a virtual event today.
Zunaid Ahmed Palak, state minister for Information and Communication Technology (ICT), inaugurated the service as the chief guest.
Russel T Ahmed, president of BASIS; Rohit Kulkarni, regional senior vice president of Payoneer; and Robert Clarkson, chief revenue officer of Payoneer; Selim RF Hussain, managing director & CEO of BRAC Bank; and Kamal Quadir, chief executive officer of bKash along with senior officials of respective organizations also joined the event.
As per the Oxford Internet Institute’s Online Labour Index , Bangladesh is a global powerhouse when it comes to ICT freelancing services. Hundreds of thousands of Bangladeshi freelancers are currently providing services in this sector worldwide. They are adding hundreds of millions of dollars a year in foreign exchange to the country’s economy. Bangladesh is one of the top income generating sources from freelancing in the world. With this new service tailored for local freelancers, bKash customers will be able to easily register a new Payoneer account, or link their existing account from the ‘Remittance’ icon of the bKash app. Once linked, freelancers can check their Payoneer account balance, and instantly bring their payments to their bKash accounts.
These funds can be used for any purpose including ‘Send Money’ to other bKash accounts, ‘Pay Bill’, ‘Payment’ of shopping, ‘Cash Out’, etc.
