Nagad, MTB sign agreement to expand interoperable digital transactions

Nagad Limited and Mutual Trust Bank PLC (MTB) have recently signed an agreement at Mutual Trust Bank PLC's head office aimed at expanding interoperable transaction services across the country. Under the arrangement, MTB will act as the settlement bank for NPSB and Bangla QR transactions conducted through Nagad's mobile financial service platform. The initiative is expected to play a significant role in strengthening interoperable cashless transaction services. Md. Motasem Billah, Administrator of Nagad Limited, and Syed Mahbubur Rahman, Managing Director and Chief Executive Officer of Mutual Trust Bank PLC, were present.