Monday, December 17, 2012

Post office launches e-pay

New service aims to earn more revenue

Bangladesh Post Office, in its bid to rejuvenate its business, has yesterday launched trial run of the long-awaited mobile banking service in three hubs in the capital.
The new service touted Post e-Pay would provide a range of financial services, including money transfer, bill payments, cash deposits and withdrawals. The users would be able to check their transaction information and balance too.
Post and telecom Minister Sahara Khatun inaugurated the commercial test service yesterday at the GPO in the capital. Initially, the service has been made available in three post offices in Dhaka -- GPO, Sadarghat and Banani.
The post office is implementing the service jointly with the technical support of fixed phone operator Bangla Phone and Commlink Infotech Ltd, a sister concern of Bangla Phone.
Managing Director Amjad H Khan of Bangla Phone said the customers would have to register with their particulars at post offices, where Post e-Pay has been launched.
A photo ID such as national ID or copy of the passport would be required, while finger print and photo would be kept by the post office agents, he said.
Customers would have to have an internet enabled mobile phone to get the service. The post office was also trying to get support from mobile operators so that customers could use very basic mobile phones as well, Amjad said.
However, the customers would have to go to the post offices to deposit or withdraw cash.
The post office would charge Tk 3 for every transaction while it would take Tk 5 for cash withdrawals.
Amjad said the service would be launched in seven divisional headquarters very soon and Bangla Phone would bear all expenses during that period.
In phases, around 10,000 post offices would have the service and another 100,000 agents would be employed.
Bangla Phone is providing financial support to the post office.
Amjad said, "The service is essentially a payment gateway where mobile phones will be used as wallets."
He said from now on post offices would provide services such as direct deposit of payroll, all types of financial transactions, balance transfer, salary transfer, insurance premium payment, all kinds of utility bill payments and any other payments.
The utility service providers would have to sign an agreement with the post office to get the service, he said.
The agents of the post office would be given “Bangla Pad”, a hand-held tablet computer to provide people with services.
The local IT experts have developed the entire solution of Post e-Pay, said Amjad.
The ambitious project would cost around Tk 300 crore, he said.
Director General Nayeb Delwar Hussain of Bangladesh Post Office said all upazila post offices would have the Post e-Pay service after its successful operation in seven divisional headquarters.
The post office would split the profits with Bangla Phone in the first three years by 42:58 percent. The ratio would be 56:44 in the post office's favour after the first three years.
He said early next year, the post office would start a new service for the expatriates by signing an agreement with the Malaysian government.
The employees of the post office would be trained so that they could provide people the services smartly. Only technology-friendly services could help the postal department survive, claimed Abubakar Siddique, the telecom secretary.
Minister Sahara Khatun yesterday said the post office would have to compete with private banks which have very interesting offers to get its customers.
If the officials of the postal department work hard they would be able to provide the services, she said.
The service was supposed to be launched last year but it did not happen due to red tapism.
Two private banks -- Brac Bank and Dutch-Bangla Bank Ltd -- are providing financial services via mobile phones in the country with the help of carriers. They have 18 lakh registered customers, according to central bank officials

16 comments:

  1. Now I cant guarantee that you will make money or if the traffic will convert to leads because there are so many factors that determine it.

    Or you could just write a press release announcing
    your latest blog post. These include things like adding videos
    to your blog.

    My page Blogging tips

    ReplyDelete
  2. fm so that I could schedule my Tweets and have them posted to a host of Social Networking and Bookmarking sites.
    So you send a tweet with a link to your perk, and build an email list.
    Whether you're building your Twitter followers in the <.

    Also visit my website: Epic Followers

    ReplyDelete
  3. One approach also of acquiring free xbox live codes is as simple as looking at a number of video
    gaming review articles where on-line games are generally getting reviewed.

    play and compete with different gamers around the world.
    This method is a one time registration to our General
    Gaming Forum.

    Also visit my site - microsoft points for free

    ReplyDelete
  4. But cellulite can also be a problem for some men, and with
    certain hormonal conditions it is actually quite common.

    Habits: Cellulite treatment also includes taking care of your habits such as crossing
    your legs, knees and ankles. The device utilizes a cutting-edge laser
    fiber that delivers laser energy to melt the fat deposits, while also thermally subscising the tissue bands.


    Here is my site - Strecth marks

    ReplyDelete
  5. Excellent write-up! I browsed through something quite similar in a
    science web site. Worth checking out

    My blog post ... my web blog

    ReplyDelete
  6. Its as easy as pie''when you have a group of programmers diligently
    working like all get out day and night trying to discover exactly
    how Microsoft generates their activation codes.
    This isn't anything new to the "Silver" accounts, though. Article Source: best microsoft Points generator to look for is the second type which gives more guarantee of being successful that the first or the third type and.

    my web blog free xbox live codes

    ReplyDelete
  7. An Xbox Live membership allows you to take benefit from all the contents on the Xbox
    website in addition to your gaming console. All you have to do is
    signup and you can get your Free XBox Live just by completing a fewsurveys.

    There is nothing open and even if there were you spent way too much money on
    gifts.

    Also visit my web page; microsoft points for free

    ReplyDelete
  8. Have you seen just how many people who are around
    you won't shake hands with you or share your meal. It does work, but I still treat myself to manicures to ensure that my hands always look good. The old British maxim states that ‘Knowing your enemy is battle half won’.

    Feel free to visit my web-site: How to stop nail biting

    ReplyDelete
  9. It's because the noises are only heard by the patient. Hearing damaged by noise being the biggest cause of tinnitus in the 8% of the population who suffer from tinnitus. The Chinese have practiced what we would now call alternative medicine and treatment for centuries.

    Here is my weblog: tinnitus treatment acupuncture

    ReplyDelete
  10. Gingko biloba has been dated back over two hundred million years
    and it's use as medicine goes back at least five thousand years. Many lifestyle factors which can increase the severity of tinnitus making the situation far worse than it needs to be. This helps in reducing noise levels and is one among the preventive measures taken against tinnitus.

    Feel free to surf to my homepage - Tinnitus relief

    ReplyDelete
  11. Some, however, will try to take over the garden bed.
    In order to reassure yourself that your moles are safe from cancer, you would have to reinforces your observation by a doctor's diagnosis. Make certain that the information you get is genuine in order that you can effectively do away with your warts.

    My weblog :: how to get rid of warts and verrucas

    ReplyDelete
  12. The Toronto real estate agent suitably guides you right from the
    beginning. Here are some suggestions on how to get started and
    keep going in this often overlooked photographic field. Just use the three principles you would for any business: buy at a price you
    can afford; sell for more than you paid, and sell in a measurable time frame.


    Here is my web-site Asunnot

    ReplyDelete
  13. Start making mental notes when you bite your
    nails. To stop biting nails, your physician might
    use B vitamin inositol which enhances serotonin activity in the brain resulting in lessening of nail biting tendencies.
    Fourth, you can adopt one of the most popular and practical
    nail biting remedies.

    my site - howtostopnailbiting.webs.com

    ReplyDelete
  14. I just moved house recently and one of the sacrifices which resulted from this process was the length and condition of my nails.
    Just as in a human-to-human leaders-and-follower relationship,
    mutual respect is a must. Fourth, you can adopt one of the most popular and practical nail biting remedies.


    Also visit my website How to stop biting nails

    ReplyDelete
  15. , Buca di Beppo and Medieval Times Dinner & Tournament, transportation
    and visiting a sporting event, orchestra concert and
    more

    my webpage ... six flags great adventure admission coupons

    ReplyDelete
  16. The red train is named Freedom; the white train is Liberty, the blue train is Spirit

    Also visit my blog post ... six flags fiesta texas coupons buy one get one free 2013

    ReplyDelete