FSS, BRAC Bank sign deal

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Business Desk :
FSS (Financial Software and Systems), a globally leading provider of integrated payment products and a payments processor, recently announced its collaboration with BRAC Bank to catalyze the growth of digital commerce in the country. This partnership will enable FSS to provide its Omni-channel Acquiring Platform to BRAC Bank to onboard merchants and enable digital payment acceptance across?multiple touchpoints – in-store, mobile and online.
According to the eCommerce Association of Bangladesh (e-Cab), digital payments over the last three years, have recorded 100% year-on-year growth. The e-commerce industry is expected to grow to US$3 billion by 2023, driven by growing consumer preference for online and touch-free payments. FSS Omni-channel Acquiring Platform helps BRAC Bank to take advantage of the digital boom and accommodate new, in-demand digital and omni-channel commerce journeys, said a press release.

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