Prime Minister's ICT Affairs Advisor Sajeeb Wazed Joy on Sunday formally launched “Binimoy”, an interoperable digital transaction platform (IDTP), at a city hotel on Sunday.
State Minister for Information and Communication Technology Zunaid Ahmed Palak among others were present at the launching ceremony.
Binimoy is a breakthrough platform for establishing digital financial transactions, a timely initiative among the far-reaching steps taken by the government to build a digital Bangladesh initiative.
Focus BanglaIt will allow instant money transfers between banks, mobile financial services (MFS) operators, and payment service providers (PSPs).
Previously, Zunaid Ahmed Palak spoke to Dhaka Tribune, and said: “People will get instant access to all types of payment service providers through Binimoy. It will give them the freedom to complete financial transactions through any payment gateway.”
He added: “Customers, financial institutions, merchants, government agencies and other payment service providers can operate 24/7 real-time transactions through this system. Binimoy can lead to revolutionary changes in various public and private services, such as tax submission, bus-train-air ticket purchase, road and bridge toll collection, e-commerce operations, and more.”
