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Mon, Oct 21, 2019 12:04 AM
Mon, Sep 30, 2019 6:06

Digital payment app Dmoney launched

media

Commercial operation of digital payment app Dmoney has been launched.

Commercial operation of digital payment app Dmoney has been launched.

Operation began at a press conference at the Westin Hotel in Dhaka on Monday (Monday 29).

Mr. Anjan Chowdhury, Chairman of Dmoney and Director, Square Group, Mr. Md. Mezbaul Haque, General Manager, Payment Systems Department, Bangladesh Bank, Ms. Sonia Bashir Kabir, Vice Chairman and CEO, Dmoney, Mr. Aref R Bashir, Co-Founder and Managing Director of Dmoney were present at the occasion.

The press event was attended by journalists, media and business partners of Dmoney.

Dmoney obtained Payment Service Provider (PSP) license from Bangladesh Bank earlier in January of this year.

The newest digital payment app Dmoney promises to cater not only to the digital payment requirements of the users but also seamlessly integrates users with latest lifestyle and financial services. Dmoney is designed for the people who are looking for a service-driven platform.

Users can easily open a Dmoney account from their smartphones and connect Dmoney app with their bank accounts. Users can also bring money to Dmoney account from any debit card or credit card. Apart from sending and receiving money- Dmoney has a range of lifestyle services available with in App, such as Top-up, Bill Payment, Ticketing, Foods, Insurance, Health and many more on-demand and basic day to day services of any person’s daily necessity. 

Dmoney users will be able to pay at different touch points through QR code and online gateway.  Currently, Dmoney is accepted at 2500+ offline and online stores. Dmoney retail QR code is EMVCo compatible and fully interoperable and connected with two major payment networks- VISA & Union Pay.  Moreover, customers of multiple leading banks of Bangladesh- including One Bank, Trust Bank & Al

Arafah Islami Bank will be a part of Dmoney’s QR alliance. Dmoney has plans to grow its QR payment touch points to 100,000 by year 2020.

On this occasion Chairman of Dmoney, Mr. Anjan Chowdhury told media, “We have seen rapid economic growth and digitization of the country. This development inspires us to do more for our people, especially the underserved. We have come up with a technology platform that will further accelerate the advancement of the people. This is an extremely proud moment for us Bangladeshis”.