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Dhaka Tribune

Nagad sees highest-ever monthly transaction in March

Most of these transactions were from cash-in, cash-out, send money, payments, and mobile recharge

Update : 08 Apr 2025, 04:29 PM

Nagad, the digital financial service of Bangladesh Postal Department, recorded its highest-ever monthly transactions amounting to Tk34,000 crore in March this year. 

On this remarkable achievement, Nagad authorities have extended their greetings to the entire large family of several crore registered customers.

Within just six years of operation, Nagad has established itself as one of the leading mobile financial services in Bangladesh. 

During this time, both its customer base and transaction volume have registered significant growth. 

Continuing that trend, the company has now achieved its highest-ever monthly transaction volume, up from its previous high of Tk32,000 crore, recorded in June 2024.

Most of these transactions were from cash-in, cash-out, send money, payments, and mobile recharge. 

Throughout March, Nagad ran a campaign titled “Utsober Khushi Nagade Beshi”, offering users a chance to win gifts every hour through Nagad payments. 

The campaign received a great response in the market, contributing to this record-breaking transaction volume.

Nagad Administrator Md Motasem Billah congratulated all customers, employees, Uddoktas, and stakeholders for their respective roles in reaching this milestone. 

In a congratulatory message, he said: “Success never comes by chance. It is the result of collective hard work and effort. Moreover, when everyone works with the same goal and shared values, striving for excellence becomes much easier.”

As the digital financial wing of the Bangladesh Postal Department, Nagad is moving forward with improved services that ensure greater security of customer money. As a result, more and more users are joining Nagad and transacting with increased confidence and comfort, he added.

Notably, Nagad’s highest single-day transaction in March stood at Tk1,500 crore on the 20th. Earlier this year, Nagad made headlines by crossing the Tk2,000 crore mark in daily transactions on 9 January.

Nagad is playing a vital role in taking Bangladesh’s overall digital financial ecosystem to new heights. 

Since its inception as the digital service of the Bangladesh Postal Department, Nagad has rapidly gained a massive user base, thanks to its continuous innovations and customer-centric services. 

Even now, a significant number of customers are joining this service every day through the Nagad app.

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