Upay, Falcon sign agreement on salary disbursement

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Mobile financial service provider upay has signed an agreement with Falcon Group to facilitate the monthly salary disbursement of the group.

Sydul H Khandker, managing director and CEO of upay, and Mahtab Uddin Ahmed Chowdhury, chairman and managing director of Falcon Group, signed the agreement in the capital, read a press release issued Wednesday.

Upay, a subsidiary of United Commercial Bank, launched its operation in March 2021 to provide mobile financial services to people from all walks of life.

Source: United News of Bangladesh