BPO to provide cash card service to 1.0m people
Saturday, 23 October 2010
FE Report
Bangladesh Post Office (BPO) is planning to provide cash card service to about one million people through 600 post offices across the country.
The cardholders can pay their utilities bills including gas and power and they can also buy from shops, which have arrangement with the post offices to accept the cards, BPO Director General M Mobasherur Rahman told the FE.
"At present we are providing the service in Dhaka and Comilla through 31 post offices since June and received good response without any advertisement," he said adding: "We are going to expand the service by November in the second phase."
The government can also use the service to pay different allowances to about 1.5 million beneficiaries who are facing difficulties in getting the amounts.
"An unscrupulous group exploits them and they receive less than their due amount but through this mechanism they will receive the exact amount," the DG said.
"A person can easily get a card from a post office by filling up a form where he has to provide certain information," he said adding: "The post office will charge between Tk 7.0 and Tk 10.0 for each transaction depending on the amount."
Bangladesh Post Office (BPO) is planning to provide cash card service to about one million people through 600 post offices across the country.
The cardholders can pay their utilities bills including gas and power and they can also buy from shops, which have arrangement with the post offices to accept the cards, BPO Director General M Mobasherur Rahman told the FE.
"At present we are providing the service in Dhaka and Comilla through 31 post offices since June and received good response without any advertisement," he said adding: "We are going to expand the service by November in the second phase."
The government can also use the service to pay different allowances to about 1.5 million beneficiaries who are facing difficulties in getting the amounts.
"An unscrupulous group exploits them and they receive less than their due amount but through this mechanism they will receive the exact amount," the DG said.
"A person can easily get a card from a post office by filling up a form where he has to provide certain information," he said adding: "The post office will charge between Tk 7.0 and Tk 10.0 for each transaction depending on the amount."