# Visa and Bangladesh Bank Explore Strategies for Digital Payment Expansion

*A Visa delegation led by Asia Pacific President Stephen Karpin met with Bangladesh Bank Governor Md Mostaqur Rahman to discuss expanding the nation's digital payment ecosystem.*

August 12, 2026 · business

## At a glance

- Visa delegation met with Bangladesh Bank Governor to discuss digital payment expansion.
- Focus on enhancing the TKPAY platform and payment security.
- Presence of Deputy Governors and senior officials from the Payment Systems Department.

On August 12, 2026, a high-ranking Visa delegation, headed by Asia Pacific President Stephen Karpin, convened with Bangladesh Bank Governor Md Mostaqur Rahman to explore ways to enhance the country's digital payment infrastructure. The meeting, held at the central bank's headquarters in Dhaka, focused on advancing the TKPAY platform, reinforcing payment security, and addressing various mutual interests.

## Significance of the Meeting

The collaboration between Visa and Bangladesh Bank aims to strengthen the digital payment landscape within the country. By focusing on the TKPAY platform, the meeting underscored the importance of integrating secure and efficient payment systems to support economic growth and financial inclusion.

Bangladesh has been progressively adopting digital payment solutions to streamline transactions and reduce reliance on cash. The partnership between Visa and the central bank is pivotal in this transformation, aiming to enhance the security and reliability of digital payments.

The meeting also highlighted the significance of payment security in maintaining consumer trust. With the rise of digital transactions, ensuring the safety of financial exchanges has become paramount. The discussions included strategies to bolster security measures and protect against fraud.

## Key Participants and Their Roles

Governor Md Mostaqur Rahman of Bangladesh Bank led the discussions, supported by Deputy Governors Dr Md Kabir Ahmed and Md Sarwar Hossain. Stephen Karpin, representing Visa, brought insights from the Asia Pacific region, emphasizing Visa's commitment to supporting global digital payment advancements.

Senior officials from the Payment Systems Department of Bangladesh Bank were also present, contributing their expertise to the dialogue. The meeting facilitated a comprehensive exchange of ideas and strategies to further the digital payment ecosystem.

This collaborative effort between Visa and Bangladesh Bank signifies a critical step towards modernizing the financial infrastructure of Bangladesh, aligning with global trends in digital payments.

## Sources

- BSS

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Source: https://pulsetoday.com.bd/en/business/visa-bangladesh-bank-digital-payment-meeting