SBL HomePay inks MoU with global payments firm Skrill

Sonali Bank Limited (SBL), HomePay, which enables payment platforms to tap into Bangladesh, has signed a memorandum of understanding (MoU) with global payments firm Skrill Limited in London, reports BSS.
Sonali Bank's Deputy General Manager Abdul Wahab and Skrill Limited Chief Executive Officer Lorenzo Pellegrino inked the MoU on behalf of their respective institutions at the office of Skrill Limited at a ceremony in the capital of UK.
The collaboration will allow Bangladeshis to use Skrill Money Transfer as a fast and low-cost way to remit money to the country as well as use Skrill to pay online merchants directly by using their Bangladeshi bank accounts.
This is part of the continued progress of "Digital Bangladesh" to connect the youth, freelancers and other online citizens of Bangladesh to the global payments and marketplace and merchant ecosystems.
"Bangladesh is a very important country for Skrill. We are very excited to help Bangladeshis participate in the global digital market using Skrill," said Lorenzo Pellegrino, CEO of Skrill.
"This is a big achievement for us at Sonali Bank. We can start to fulfill the wishes of our young generation who are both global and online," said Abdul Wahab.
Skrill has been making digital payments simple, secure and quick since 2001. It's an acknowledged world-leader in developing global payment solutions for people's business and personal needs, whether they're buying online or sending money to family and friends.
It also meets the needs of businesses worldwide, helping them build a global customer base and drive growth.