SMC to use bKash’s B2B solution for cash collection

SMC Enterprise Limited, one of the leading social business enterprises in the country, is set to use bKash's B2B (business to business) cash collection solution. The strategic move enables SMC to convert their cash into electronic money (e-money) from designated bKash drop-off points. This will contribute to a more efficient, cashless, transparent, and secure financial management of SMC's supply chain at field level.

The two companies signed an agreement in this regard recently. From SMC Enterprise Limited, Sayef Uddin Nasir, Managing Director; Feroze Ul Alam, DMD (operations); Kazi Amirul Haque, DMD (Commercial); Abul Bashir Khan, Chief Financial Officer; and from bKash, Ali Ahmmed, Chief Commercial Officer; Masrur Chowdhury, Head of Business Sales; Somel Reza Khan, GM, Business Sales, were also present.