Rajshahi: Cashless transactions can not only make financial transactions easier but also reduce corruption, bring transparency, and ensure security to the public in general.
According to Bangladesh Sangbad Sangstha, cashless transactions are crucial for achieving Digital Bangladesh. Therefore, all sectors should collaborate to ensure the success of the Cashless Bangladesh Initiative in Rajshahi. Senior bankers and experts shared these insights during a seminar titled ‘Expansion of Cashless Bangladesh Initiative to Rajshahi’.
Bangladesh Bank and Brac Bank jointly organized the seminar at the Jail Training Centre auditorium, discussing strategies to advance the digital economy and popularize cashless transactions. The seminar highlighted that the Cashless Bangladesh campaign aims to promote digital transactions and reduce cash dependency by enhancing financial inclusion and leveraging technology.
Commissioner of Rajshahi division Khondoker Azim Ahmed was the chief guest, with Bangladesh Bank Director Rafeza Akter Kanta presiding over the session. Managing Director and CEO of Brac Bank, Tareque Refat Ullah Khan, Bangladesh Bank Director Shorafat Ullah Khan, and Executive Director Arif Hossain Khan also addressed the seminar.
Commissioner Khondoker Azim Ahmed emphasized that the global shift towards cashless transactions is rapid, and Bangladesh is keeping pace. He noted that many citizens already use mobile financial services, internet banking, online payments, QR codes, and digital wallets with ease. However, he called for increased public awareness to extend the initiative to grassroots levels and urged for the expansion of banking services to rural areas, with the business community playing a supportive role.
Tareque Refat Ullah Khan highlighted that a cashless economy not only ensures safe and transparent transactions but also accelerates the country’s economic progress. He underscored the importance of making revenue collection more efficient and fostering economic growth. Additionally, he advocated for familiarizing students with digital banking and strengthening the technology-based banking system.