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Netherlands to help digitize retail payment system

Netherlands to help digitize retail payment system

Dutch Queen Maxima on Wednesday (Jul 10) expressed her country’s interest to help Bangladesh in digitisation of the retail payment system. She expressed the interest when she met Prime Minister Sheikh Hasina at her official residence Ganobhaban. After the meeting, PM’s Press Secretary Ihsanul Karim briefed the media.

He said Queen Maxima visited 15 industries, ecommerce and ipay in Bangladesh and appreciated the growth of the country in the digital platform. She also appreciated the growth of mobile phone use in Bangladesh and the country’s huge success in women empowerment.

Maxima said she is committed to support Bangladesh. 

Sheikh Hasina said Bangladesh is a highly-populated country that needs development. She said all development programmes focus on the improvement of the grassroots and the women. She said the country has digitised systems in many areas and emphasised ensuring the protection of this system.

The PM said the government is encouraging digitised system to which the country will gradually switch to. In this connection, she mentioned that the government is providing stipend to 20.3 million students where some 10.3 million parents of primary school students are getting stipend through mobile phones.

Sheikh Hasina said the government has established 5,174 digital centres where women also receive various services.

Information and Communication Technology Affairs Advisor to the Prime Minister Sajeeb Wazed Joy mentioned that in recent times Bangladesh Bank introduced the electronic Know Your Customer (e-KYC) system. Under this system, bank accounts can be opened without filling up any paper documents.

PM’s International Affairs Adviser, Gowher Rizvi, State Minister for Public Administration Farhad Hossain, PM’s Principal Secretary M Nojibur Rahman and Ambassador of the Netherlands were also present on the occasion.