Nagad
Product typeDigital Financial Service
OwnerBangladesh Post Office
CountryBangladesh
Introduced2019
MarketsNationwide
Websitenagad.com

Nagad (Bengali: নগদ) is a Digital Financial Service (DFS)[1] in Bangladesh operating under the authority of Bangladesh Post Office,[2] an attached department of the Ministry of Post and Telecommunication (Bangladesh),[3] and operated by Third Wave Technologies Limited (TWTL). It is the new version of the previously introduced Postal Cash Card and Electronic Money Transfer System (EMTS) of the Bangladesh Post Office.[4]

It has its headquarters at Kemal Ataturk Avenue in Dhaka, Bangladesh. Its starts operations on March 26, 2019 celebrating the 49th Independence Day of the country.[4]

References

  1. ^ "About Us". nagad. Nagad. Retrieved 24 April 2019.
  2. ^ Muhammad Zahidul Islam (22 October 2018). "Nagad to make MFS sector lopsided: Higher transaction limits may fuel suspicious transactions". The Daily Star. Retrieved 24 April 2019.
  3. ^ "Tarana appoints 19 female drivers at post office". Dhaka Tribune. 2017-04-10. Retrieved 2017-04-16.
  4. ^ a b "PM opens digital financial service Nagad". Dhaka Tribune. 26 March 2019. Retrieved 24 April 2019.

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