PayPal operations in Bangladesh on the cards: PM

Prime Minister Tarique Rahman has said effective steps have
been taken to launch the operations of international payment gateway PayPal in
Bangladesh.
Speaking
during a question-answer session in parliament today (15 April), he said a
committee has been formed to ensure the effective operation of hi-tech parks
and ICT centres, as well as to take concrete steps towards launching PayPal's
operations in the country.
Notably,
PayPal has expressed interest in operating in Bangladesh on various occasions.
Most recently, the international firm showed renewed interest during the
interim government's tenure.
In December, then-Bangladesh Bank governor Ahsan H Mansur
said PayPal would begin operations in Bangladesh, adding that the initiative
primarily aimed at facilitating easier transactions for freelancers, e-commerce
entrepreneurs and the IT sector.
Around
that time, PayPal's South Asia team, based in Singapore, held meetings with
Bangladeshi freelancers and the ICT Division.
PayPal
is a digital financial service that enables online payments and money
management between users and merchants globally.















