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BRAC Bank Introduces Bangla QR at BRAC University to Foster Cashless Transactions

BRAC Bank has introduced Bangla QR at BRAC University, aligning with Bangladesh Bank's vision for a cashless economy.

By Staff Correspondent
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BRAC Bank launches Bangla QR at BRAC University | Business
BSS

BRAC Bank has launched Bangla QR at BRAC University, marking a significant step towards promoting a cashless economy in Bangladesh. This initiative enables seamless digital payments across the university's Merul Badda campus. The service was inaugurated by Bangladesh Bank Governor Md Mostaqur Rahman, who highlighted the importance of digital payments during an interactive session with students.

Seamless Digital Payments

With the introduction of Bangla QR, students, faculty members, and visitors can now make a variety of cashless payments, including tuition and academic fees, cafeteria bills, retail shop purchases, and other daily expenses. This service utilizes Bangla QR and other digital banking channels, making transactions easier, faster, and more secure.

Commitment to a Cashless Bangladesh

BRAC Bank Managing Director and CEO Tareq Refat Ullah Khan emphasized the bank's commitment to supporting Bangladesh Bank's vision of a "Cashless Bangladesh" through innovative and inclusive digital payment services. He noted that this initiative demonstrates how technology can simplify everyday financial transactions.

BRAC University Vice-Chancellor Professor Dr. Syed Ferhat Anwar described Bangla QR as a significant step towards building an inclusive society and economy. However, he stressed that wider internet connectivity and greater access to smart devices would be essential to ensure the success of such digital initiatives.

Source: BSS

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