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“Nagad” now available in all over Bangladesh

“Nagad” now available in all over Bangladesh

Staff Repoter :: Bangladesh Post Office (BPO) today made announcement its digital financial service “Nagad” is now available in all 64 districts of Bangladesh. Within the seven days of official launch by the Prime Minister Sheikh Hasina on March 26, BPO has brought the services at the doorsteps of people across the country, said a press release on Tuesday.

Users can now avail Nagad services from all the district post office branches and key market places. Within this short period of time, Nagad has been able to partner with over one lakh “Uddokta” or agents to offer essential services to the Nagad users.

Regarding the availability of Nagad Service points in each district of Bangladesh, BPO Director General Sushanta Kumar Mandal said, the reason behind connecting the remotest areas of Bangladesh is to bring the digital financial services to the doorsteps of marginal people and serve them the benefits of Digital Bangladesh.

“Efficiency of BPO is commendable for spreading the services of Nagad in all the 64 districts of Bangladesh and we are expecting to reach to the union-level by next quarter,” he said.

Nagad has already initiated Digital KYC verification for ensuring hassle free user registration and verification process. To complete user registration process through Digital KYC, anyone needs to bring a registered cellphone connection and national identity card.

Artificial Intelligence will be used for real time verification of user data and cross match the NID information with the Election Commission Database and the application form for user registration will be filled up automatically by retrieving data from Election Commission Database. This process will take less than 30 seconds for each user registration.

BDPressRelease/MM/03 April 2019