Singer to use bKash's B2B solution for cash collection

FE Team | Published: June 19, 2024 22:08:41

Yigit Emre Senolur, Chief Financial Officer (CFO) of Singer Bangladesh Limited, and Ali Ahmmed, Chief Commercial Officer (CCO) of bKash, signed the agreement in Dhaka recently.

Singer Bangladesh Limited, one of the leading electronics brands in the country, will use bKash's B2B (business to business) cash collection solution to simplify its financial management at the field level by saving time and expenses.
The service will be used in Singer's 470 showrooms spread across the country to collect cash and provide electronic money (e-money) against it, a press release said.
The two companies signed an agreement in this regard recently. Yigit Emre Senolur, Chief Financial Officer (CFO) of Singer Bangladesh Limited, and Ali Ahmmed, Chief Commercial Officer (CCO) of bKash, inked the agreement in Dhaka recently. Some other top officials of the two companies were also present on the occasion.
With this B2B service, Singer's supply chain related financial transactions at field level will become cashless, transparent and secure as well as the company's overall financial management will ease.