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Nagad now available in all over Bangladesh

3 April 2019, 12:44:00

Bangladesh Postal Division has announced today that the digital financial service Nagad will be available in all the 64 districts of Bangladesh. Since the official launch by honorable Prime Minister Sheikh Hasina on March 26, 2019, Bangladesh Post Office has been able to take these services near doorsteps of the users in all the 64 districts of Bangladesh within seven days.

Users can avail Nagad services from all the district post office branches and key market places. Within this short period of time Nagad has been able to partner with over one hundred thousand Uddokta or agents to offer essential services to Nagad users.

Regarding the availability of Nagad Service points in each districts of Bangladesh, Sushanta Kumar Mandal, Director General Bangladesh Post Office said, The reason behind connecting the remotest areas of Bangladesh is to bring the digital financial services to the doorsteps of marginal people and serve them the benefits of Digital Bangladesh. Efficiency of Bangladesh Post Office is commendable for spreading the services of Nagad in all the 64 districts of Bangladesh and we are expecting to reach to the union level by next quarter.

Nagad has already initiated Digital KYC verification for ensuring hassle free user registration and verification process. To complete user registration process through Digital KYC, all one needs is to bring a registered cell phone connection and national identity card. Artificial Intelligence will be used for real time verification of user data and crossmatch the NID information with the Election Commission Database and the application form for user registration will be filled up automatically by retrieving data from Election Commission Database. This process will take less than 30 seconds for each user registration.

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