Online money transfer giant PayPal slated for next month entry in BD

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Economic Reporter :
Popular online money transfer agency PayPal is all set to sign an MoU with state-owned Sonali Bank, clearing the decks for its debut in Bangladesh, authorities have confirmed.
Sonali Bank Director-in-charge Md Abdur Rob told The New Nation on Saturday that PayPal had responded with positive indications to a proposal made by the bank to sign an MoU.
“We hope the service will start in Bangladesh from next month”, he said.
State Minister for Information and Communication Technology (ICT) Zunaid Ahmed Palak told The New Nation, “Under the leadership and overall guidance of ICT adviser to the government, Sajeeb Wazed Joy, we have made much progress on our commitment to bring PayPal services to the people of Bangladesh.
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