bKash Teams Up with Singer for B2B Payment Solution

Industry: Electronics, Electronics, Financial, Fintech
Company: bKash Limited, Singer Bangladesh Limited
Company Intelligence Tag: Partnership Insights

Singer Bangladesh Limited has partnered with bKash to implement its B2B cash collection solution across 470 showrooms nationwide. This initiative aims to streamline financial operations by facilitating cash collection and converting it into electronic money (e-money) seamlessly. The agreement, signed by Singer’s CFO and bKash’s CCO, underscores the move towards cashless transactions, enhancing transparency and security in supply chain-related financial activities. The integration of bKash’s B2B solution is expected to simplify Singer’s financial management at the field level, aligning with broader industry practices. Notably, various leading sectors such as cement, beverage, and pharmaceuticals have already adopted bKash’s B2B solution, optimizing business efficiency through secure and simplified financial processes. This initiative not only supports digital transformation within Singer but also contributes to Bangladesh’s trajectory towards a smart economy, reinforcing the digital transaction ecosystem.

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