Bangladesh Bank (BB) has instructed banks to ensure uninterrupted ATM, POS, internet banking, online e-payment gateway and MFS services during the Eid-ul-Azha vacation.
The payment system department of BB on Thursday issued a circular in this regard and sent it to the top executives of all the banks, mobile financial service providers, payment service providers and payment system operators.
The circular asked banks to arrange uninterrupted service of Automated Teller Machine (ATM), Point of Sale (POS), internet banking, online e-payment gateway and Mobile Financial Service (MFS) along with adequate manpower to solve instantly if trouble arises during the vacation.
It also asked banks to keep enough money at the ATM booths , ensure security measures at the ATM outlets, set up note checking machine at the POS to avert the fake notes in the cattle markets across the country and other payment points to serve the traders and other customers.
Banks have to ensure Two Factor Authentication (2FA) for card based payment, card not present payment, said the circular.
MFS providers asked to ensure enough money at their agent point so that people can get service (Cash in and cash out) during the period.
Besides, the central bank has asked banks and other payment gateway operators to take additional cautionary measures to stop any kind of forgery and scam during the Eid-ul-Azha vacation.
Source: United News of Bangladesh