“bKash and Mobile Money are connected via the RippleNet netw
Feb 27, 2024 5:15:08 GMT 1
Post by account_disabled on Feb 27, 2024 5:15:08 GMT 1
Mobile-Money-Insights “ bKash and Mobile Money are connected via the RippleNet network , increasing the potential of money transfers. and settlement of accounts Wallet-to-Wallet ” January 14, 2021 – Ripple, a provider of blockchain solutions for global payments, today announced a partnership with Mobile Money, a Malaysian mobile wallet company. By joining RippleNet, Ripple's global payments network, Mobile Money has connected with bKash, Bangladesh's largest mobile financial service provider (MFS), serving its users. More than 45 million people, the partnership will drive peer-to-peer payments wallet-to-wallet To be smooth To support money transfer channels between Malaysia and Bangladesh bKash and Mobile Money will have access to a wide range of RippleNet features including wallet-to-wallet transactions, with Mutual Trust Bank (MTB) serving as the banking partner.
Locally in Bangladesh to process payments under the provisions of Bangladesh Jamaica Mobile Number List Banking Laws and ensure a smooth payment experience. Bangladesh is the third-largest country for remittance flows in South Asia and the 11th in the world, while Malaysia is ranked among the top five countries. It is a source for transferring money to Bangladesh. With the announcement of this partnership, Mobile Money also expects that its user base will be among workers. Bangladesh will increase by 20% as it helps the company better serve this user base. “We look for new innovations. In always providing simple solutions to our customers, bKash is delighted to partner with Ripple through a collaboration with Mutual Trust Bank of Bangladesh to deliver A cost-effective, fast, transparent and reliable money transfer experience. To more than 10 million expatriate Bangladeshis worldwide This partnership will provide convenience to both recipients and senders of money.
and has a positive effect on the overall national economy By promoting the transfer of money from abroad. through legal channels,” said Kamal Quadir, CEO of bKash. “We are focused on providing customers with simple, cost-effective and convenient electronic payment solutions. It's always been ours. Moreover, the spread of COVID-19 It shows that there is a need for using the method. Money Transfer enables more people than ever to transfer money anywhere, anytime. Our partnership with Ripple makes us one of the first few e-wallet companies to offer digital money transfer solutions to Bangladeshi workers. And we are confident that it will help us stay ahead of the competition at the same time. with expanding our user base,” said Lee Eng Sia, founder of Mobile Money.
Locally in Bangladesh to process payments under the provisions of Bangladesh Jamaica Mobile Number List Banking Laws and ensure a smooth payment experience. Bangladesh is the third-largest country for remittance flows in South Asia and the 11th in the world, while Malaysia is ranked among the top five countries. It is a source for transferring money to Bangladesh. With the announcement of this partnership, Mobile Money also expects that its user base will be among workers. Bangladesh will increase by 20% as it helps the company better serve this user base. “We look for new innovations. In always providing simple solutions to our customers, bKash is delighted to partner with Ripple through a collaboration with Mutual Trust Bank of Bangladesh to deliver A cost-effective, fast, transparent and reliable money transfer experience. To more than 10 million expatriate Bangladeshis worldwide This partnership will provide convenience to both recipients and senders of money.
and has a positive effect on the overall national economy By promoting the transfer of money from abroad. through legal channels,” said Kamal Quadir, CEO of bKash. “We are focused on providing customers with simple, cost-effective and convenient electronic payment solutions. It's always been ours. Moreover, the spread of COVID-19 It shows that there is a need for using the method. Money Transfer enables more people than ever to transfer money anywhere, anytime. Our partnership with Ripple makes us one of the first few e-wallet companies to offer digital money transfer solutions to Bangladeshi workers. And we are confident that it will help us stay ahead of the competition at the same time. with expanding our user base,” said Lee Eng Sia, founder of Mobile Money.