The problems related to money transaction via the internet from Bangladesh are getting solved. If the PayPal starts their operations in the country, it will be a re-entry to the 21st Century's Virtual Business World, of the Freelancers, Bloggers, Internet Marketers etc. of the country.
Below are some review about some Online Payment Gateway Providers in Bangladesh. Please take a look and for further details please go to the given link of the site. You could find your alternate method instead of PayPal.
Payza:
Readers,
Most part of this post taken from the Official Blog site of Payza, which has started its operations in Bangladesh. In December, 2012 the opening of the National Payment Switch (NPS)
by the Bangladesh Bank, the E-Commerce sector of the country is
turning. “Payza is the first Online Payment Gateway in Bangladesh to
launch their first Remittance Platform for Bangladeshis Living Abroad” –
This is the heading of the article, you can click on the link to see
details.
About Payza:
Payza is one of the world’s leading global online payment platforms specializing in e-commerce processing, corporate disbursements and remittances. Payza’s highly secure e-wallet platform provides businesses and consumers with convenient and flexible solutions for sending and receiving payments worldwide. The company offers access to payment services in both traditional and emerging markets, as well as a host of tools and services including: fraud screening, dispute resolution, currency exchange, global payouts and disbursement services. With over 9 million members in 197 countries, Payza offers it’s services around the world in 21 currencies, and is proud to provide its merchants with a complete solution for accepting payments and managing their businesses.
Payza have received the first license issued from Bangladesh Bank, the country’s central bank, for inbound foreign remittances entering Bangladesh via Online Payment Gateway Service Providers (OPGSP). The license allows Payza to facilitate a significant portion of the more than $14 billion USD in remittances that enter the country annually based on Bangladesh Bank’s projected total for 2012.
The purpose behind Payza’s introduction to Bangladesh was to provide localized bank transfer services to the more than 10,000 Freelance Software Developers, who collectively earn approximately $15 million USD annually. Since the Payza platform was launched in Bangladesh in March 2012, both the company and the country have experienced a surge in inbound international payments.
Payza is partnering with one of the country’s leading banks, Bank Asia, the first and only bank in Bangladesh to execute OPGSP payments, Payza was able to utilize the Bangladesh Bank-organized Bangladesh Electronic Funds Transfer Network (BEFTN) to provide the burgeoning IT freelance sector with the opportunity to work for global organizations and receive international payments directly to their local Bangladeshi bank accounts.
More information is available on the official Web Portal of Payza.
EasyPayWay:
EasyPayWay is
another Online Payment Gateway provider in Bangladesh. EasyPayWay
provide a fully automated E-Commerce solution for business. It allows
your business to accept credit card payments securely in real time. The
secure connections to the Global Banking Networks ensure the funds
safety and the transfer is always safe and protected.
The EasyPayWay online payment gateway, developed by The Codero Limited. EasyPayWay is designed for the merchants who attract their clients with alternative payment method. It is secured by SSL Encryption and the Payment Gateway is secured by Visa Verified and Master Secured.
Readers, if you want to know more details about EasyPayWay, please visit their site.
SSLCOMMERZ:
From the foundation as a Mobile Enterprise service Provider for Bangladeshi Network Operators, Banks, Enterprises, Media organizations and content owners, SSL Wireless operates across the telecommunication data service spectrum including:
- Financial Services (Banking, Insurance, Stock).
- News Services (Video On demand, Voice, SMS).
- Data Services (CRM, Barcode, Shopping Cart).
- Portal services (Mobile TV, Radio Gaming).
SSL Wireless has also been the Market Leader in SMS and Mobile Application Based solutions currently with EIGHT leading banks and FIVE giant insurance companies in Bangladesh. SSL Wireless was the first to design, develop, and deploy the first Mobile Banking Application "CITY WALLET" in Bangladesh for The City Bank Ltd. SSL Wireless was also the first to design, develop, and deploy the first Mobile Banking solution for DECENTRALIZED and DISTRIBUTED banking systems currently implemented and running in SONALI BANK. SSL Wireless is also proud to be partnered with VeriSign, the world's most trustworthy Net Authentication Agency and the leading SSL Certificate (HTTPS) provider.
SSLCOMMERZ uses industry standard Secure Sockets Layer (SSL) technology which is used worldwide for securing data encryption. SSLCOMMERZ is a payment gateway in Bangladesh opening doors for the merchants around the world, to receive payments on the internet via their online stores. Their customers will be able to buy products online using their credit cards as well as bank accounts.
Enhance your business by integrating SSLCOMMERZ to your online store and facilitating online payment in Bangladeshi Taka. Your customers will be able to pay for your products using local credit / debit cards like VISA, MasterCard, DBBL Nexus Card and Brac Bank credit card or bank accounts right from your online store.
Please go to the web portal of SSLCOMMERZ for further details.
Thanks.
other related posts:
About PayPal Transaction in Bangladesh
Online Payment Gateway in Bangladesh - Paypoint BD
Make Payment using Shurjomukhi PayPoint
E-Commerce Payment Gateway opened by Bangladesh Bank
bKash - Nationwide Payment Solution in Bangladesh
bKash Limited (a subsidiary of BRAC Bank) is a Nationwide money transaction service in Bangladesh. It’s a joint venture between BRAC Bank Limited, Bangladesh and Money in Motion LLC, USA. By providing financial services that are convenient, affordable and reliable, bKash aims to widen the net of financial inclusion. bKash wants to provide a solution for mobile financial services, built on a highly scalable mobile money platform, allowing people of Bangladesh to safely send and receive money via mobile devices.
Near about one-third of the population of Bangladesh lives in rural areas where access to formal financial services is difficult. They are the people who are in most need of such services, either for receiving funds from loved ones in distant locations, or to access financial tools to improve their economic condition.
Less than 15% of Bangladeshis are connected to the formal banking system whereas over 50% has mobile phones. These phones are not merely devices for talking, but can be used for more useful and sophisticated processing tasks.
bKash was conceived primarily to utilize these mobile devices and the omnipresent telecom networks to extend financial services in a secure manner to the under-served remote population of Bangladesh.
Money sending and receiving through Nationwide:
- bKash is the easiest way to send or receive money instantly on your mobile anywhere in Bangladesh.
- The extensive distribution network with more than 40,000 agents covering each district and Thana along with around 300 BRAC Bank ATMs provides you with the nationwide reach and capacity that you need to avail bKash services at a close proximity.
- The service is supported by mobile networks of all the leading MNO’s which enables you access your bKash Account even from the remotest areas of Bangladesh.
Faster – send or receive Money in a minute:
- bKash is dedicated to widening the net of financial inclusion among the people of Bangladesh by facilitating money transfer through mobile phones. bKash provides mobile financial services allowing customers to send, receive, and pay money from their mobile phones.
- Send and receive money, or make payments the fastest way there is! bKash enables you to send money to anyone, using an advanced technology available on your own mobile phone. The recipient will receive money instantly, no matter where the receiver is.
- Payments through bKash also makes your life easier as you do not have to go back home or anywhere else for bringing cash when you need to buy something if you are out of cash. Even if you don't have the required amount in your bKash Account, someone else can easily send you the amount in times of need.
Affordable cost:
- Send and receive money with minimal effort and cost. bKash provides the highest benefit to its customers at an affordable cost, enabling everyone to access the formal financial system of the economy.
- In addition to eliminating initial monetary costs involved in entering the banking system, bKash greatly minimizes opportunity costs such as time and effort required to access such services. The service charges are minimal and there are no hidden costs involved.
- Open a bKash Account on your own mobile and experience how bKash saves unexpected and incidental costs for you.
Secure way of money handling:
- Money in your bKash Account won't be lost even if you lose your mobile phone. Every transaction is protected by your very own PIN and what's more, state-of-the-art technology provided by VISA ensures your money is always safe and secure in our system.
- Your PIN is your personal identification number that you create when you register for bKash. Each transaction you make, you need to authorize it by entering your PIN. To ensure 100% safety of your own account, do not share your PIN with anyone.
- bKash places a high priority on protecting your information to assure that your transactions and data are secure with bKash. Our security and compliance practices are regularly audited to ensure that they meet the highest standards.
Convenient way:
- bKash users enjoy increased convenience of accessing their finances from their own mobile phones at anytime, anywhere. bKash gives you the flexibility to perform transactions 24 hours a day, 7 days a week, regardless time and place. No queues no waiting, anytime anywhere; the most convenient way of transferring money.
Be on a bus, or a train, or on a launch, or wherever you want to be; as long as you have a bKash Account on your mobile phone, you can access your account and send or receive money in seconds. The interface of bKash is also very easy. Using a very simple instruction based USSD channel by dialing *247#, anyone can transfer money by tapping a few buttons on his or her mobile phone.
Follow the simple steps:
- bKash Account: It's a virtual storage of money and can be accessed through mobile phone. After registration, your mobile number will be your bKash Account number.
- Registration: Opening a bKash Account on your mobile phone.
- bKash Mobile Menu: The menu you see after dialing *247#
- Cash In: Depositing money into your bKash Account.
- Send Money: Transferring money from one bKash Account to another bKash Account.
- Cash Out: Withdrawing money from your bKash Account. You can Cash Out from any bKash Agent Point or from BRAC Bank ATM.
- Payment: When you pay from your bKash Account to a seller against product or service you purchase.
- My bKash: My bKash is an option on your bKash Mobile Menu from which you can check your account balance, see mini statement, activate ATM Cash Out service and change your PINs.
- bKash Mobile Menu PIN: This is a secret number like a password to secure your bKash Account.
- bKash ATM PIN: This is also a secret number to be used when you cash out from ATM.
- Security Code: Security Code is a onetime PIN. When you Cash Out from ATM, you need to generate a Security Code which can be used only once and remains valid for one hour.
- Transaction ID: A system generated unique reference number against each transaction that is preserved as identification.
This service is really helpful for the peoples of Bangladesh. I personally use this service often. That’s all for today, thank you very much to read this post. Please visit web portal bKash for further details.
Read other related posts:
Online Payment Gateway in Bangladesh - Paypoint BD
Make Payment using Shurjomukhi PayPoint
E-Commerce Payment Gateway opened by Bangladesh Bank
About PayPal Transaction in Bangladesh
Online Payment Solutions in Bangladesh
