Starting from 19th of October, PayPal is being launched in Bangladesh - bdspeed | Jobs Circular | Admission Notice

Monday, October 9, 2017

Starting from 19th of October, PayPal is being launched in Bangladesh

PayPal services, an internationally popular gateway for online payments. The freelancers of Bangladesh have long been waiting for PayPal service.
পেপ্যাল সেবা চালু হচ্ছে বাংলাদেশে

The popular online gateway 'PayPal' is being launched in Bangladesh from October 19, 017. Prime Minister's Information Technology Adviser Sajeeb Wazed Joy will inaugurate PayPal service on the second day of Bangladesh ICT Expo 2017.

State Minister for Information and Communication Technology Junaid Ahmed Palak told the news.

State Minister Junaid Ahmed said, PayPal services will be available in nine banks including Sonali, Rupali Bank. The Pepal authorities have been experimenting with the market for several days. In view of the potential Bangladesh, the company has decided to introduce fully Pepala services in Bangladesh. This will benefit the freelancers of Bangladesh. Besides, the rate of remittance will increase. Digital transaction will increase.

Junaid Ahmed said, "We are going towards Digital Transaction, Cashless Society. In the form of digital Bangladesh, it is important to introduce such services in the form of Digital Bangladesh. With the introduction of PayPal, it will be possible to get services from 12 branches of nine banks.

In April this year, State Minister for Information and Communication Technology Zunaed Ahmed met the officials of the company to launch PayPal in the country. The company responds to the call to start fast operations in Bangladesh. In the meeting held at PayPal-Zoom's California headquarters, Pepsi's Zoom delegation led by its chief marketing officer Julian King.

Later, in May, Sonali Bank launched experimental PayPal service (Zoom) in the country. A circular was issued to all the branches of the bank to provide the service. Initially it was said that foreign remittance collection and distribution programs were launched. But freelancing or outsourcing money did not have the advantage of transaction.

Junaid Ahmed said that the long-awaited PayPal service was an attempt. This time another crown of success in digital Bangladesh is associated with feathers. The remittance will increase.

Responding to a question about Google's service and Facebook training in Bengal, the state minister said, "The country of 16 million people is our country. Most of the population here is young. Digital Bangladesh is now acclaimed in the world. Many of Google's Facebook services are coming to Bangladesh. Facebook will train 10,000 young people in digital marketing in Bangladesh. These are part of the preparatory work to go for the target of $ 5 billion in income tax by 2021.

What is PayPal?
PayPal launched in Bangladesh

PayPal is an e-commerce organization that provides money transfer through the Internet. This method of online money transfer is used as a substitute for traditional money transactions such as check or money order.

To open a PayPal account, you need an electronic debit card or credit card from the bank account. In the case of PayPal transactions, a homeowner can apply for a check by the PayPal authority, or pay by his own PayPal account or deposit it to the bank account linked to his PayPal account.

PayPal works as a money-making organization for online vendors, and also receives online, auction website, and other commercial websites PayPal, for which PayPal charges or charges. Also, the fees are also charged for the amount of money which is proportional to the total amount received. This fee or cost depends on the currency of a country, how money is transmitted in the country of the sender and recipient, the amount of money sent and the recipient's account type. Also, PayPal can accept a separate payment if the eBay website purchases using PayPal through a credit card, if the buyer and seller use a different currency. The US company Pepala Holdings serves as the worldwide online payment system. It works as an electronic method rather than online money transfer and conventional paperwork. As the world's largest internet payment company, the world's most popular medium for companies and freelancers.

On 3 October 2002, PayPal changed ownership of the large auction site eBay. California's San Jose, the main branch office in PayPal's city, which is located at eBay's North First Street Satellite Office. The important activities of this world are also the Omaha of Nebraska; Scotch dale of Arizona; And Austin Texas USA Among them, there are also Chennai, Dublin, Clergywoman (near Berlin) and Tel Av iv. Until July 2007, PayPal was operated as a Luxembourg-based bank throughout Europe.

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