Internet Payment
On 3 June 2010, Dutch Bangla Bank Ltd. announced to allow internet payments system. Using their Internet Payment Gateway merchants will be able to charge their customers' Visa, Masters, DBBL Nexus and Maestro cards. This is going to be revolutionize the in Bangladesh! Presently DBBL has more than 200 of Frast Tracks and more than 2000 ATMs all over in Bangladesh
Any Visa/MasterCard cardholder (local or overseas) can use their cards to pay at a number of e-Merchants against their purchase of goods. They can also pay DESCO electricity bills. DBBL is working with airlines, railways, utility companies, educational institutions, and stock exchanges for facilitating purchase of tickets, payment of bills/fees and IPO subscription through the Internet Payment Gateway. It is also working to make an interface with PayPal. Once everything is in operation, this will change the payment mechanism in Bangladesh and will reduce public sufferings and tensions.
Read more about this topic: Dutch Bangla Bank
Famous quotes containing the word payment:
“The payment of debts is necessary for social order. The non-payment is quite equally necessary for social order. For centuries humanity has oscillated, serenely unaware, between these two contradictory necessities.”
—Simone Weil (1909–1943)