Nagad, the digital financial service of Bangladesh Postal Department, recorded its highest-ever monthly transactions amounting to Tk 340 billion in March 2025.
Within just six years of operation, Nagad has established itself as one of the leading mobile financial services in Bangladesh, says a statement.
During this time, both its customer base and transaction volume have registered a significant growth. Continuing that trend, the company has now achieved its highest-ever monthly transaction volume, up from its previous high of Tk 320 billion, recorded in June 2024.
Most of these transactions were from cash-in, cash-out, send money, payments, and mobile recharge. Throughout March, Nagad ran a campaign titled 'Utsober Khushi Nagade Beshi', providing users a chance to win gifts every hour through Nagad payments. The campaign received huge response in the market, contributing to this record-breaking transaction volume.
Nagad Administrator Md. Motasem Billah congratulated all customers, employees, Uddoktas, and stakeholders for their respective roles in reaching this milestone.
In a congratulatory message, he said, "Success never comes by chance. It is the result of collective hard work and effort. Moreover, when everyone works with the same goal and shared values, striving for excellence becomes much easier."
As the digital financial wing of the Bangladesh Postal Department, Nagad is moving forward with improved services that ensure greater security of customer money. As a result, more and more users are joining Nagad and transacting with increased confidence and comfort, he added.
Nagad's highest single-day transaction in March stood at Tk 15 billion on the 20th. Earlier this year, Nagad made headlines by crossing the Tk 20 billion mark in daily transactions on January 9.
© 2025 - All Rights with The Financial Express
