Prime Minister's ICT Affairs Adviser Sajeeb Wazed Joy inaugurates 'Binimoy', an interoperable digital transaction platform (IDTP), in a city hotel on Sunday. State Minister for ICT Zunaid Ahmed Palak was also present at the event — PID Starting from today (Monday), mobile financial services or MFS users of any providers will be able to transfer funds from their accounts to the accounts of users using a separate provider by a newly-introduced system called Binimoy, reports bdnews24.com.
This means, for example, a bKash service user will be able to transfer money to another user's account, registered under Rocket or Nagad, and vice versa.
The new system, which was introduced on Sunday at a hotel in Dhaka, will also allow MFS users to transfer funds to any local bank accounts and make payments of utility charges via a payment service provider or PSP, according to Md Mezbaul Haque, a director of Bangladesh Bank who highlighted the features of the new system.
At the inauguration ceremony, chief guest Sajeeb Wazed Joy, Prime Minister Sheikh Hasina's ICT affairs advisor, said the aim of introducing the service is to transform Bangladesh into a "cashless society".
"As part of the government's digitising public services programme, we aim to establish a cashless society, which I believe will be made possible within the next four years," he said while addressing the ceremony.
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