bKash provides Mobile Payment Collection Solution for Electro Mart Limited

April 29, 2013 Dhaka, Bangladesh

Electro Mart Limited recently signed an agreement with bKash Limited to collect cash from their remote sales points using bKash services.

Irfanul Huq, National Sales Manager, Sales and Distribution, bKash Limited and Md. Nurul Afser, Director, Electro Mart Limited exchanged the agreement on behalf of their respective organizations.

As per the agreement, bKash will offer their services to Electro Mart Limited in remote areas where formal banking is not available. This service will help Electro Mart to collect timely and secure payments from their remote branches. Moreover, this easy and quick transfer will significantly improve the efficiency and reduce the lead time of payment collection.

Electro Mart Limited (EML), one of the largest business houses in Bangladesh, are an importer, distributor and marketer of a wide range of electronic home appliances like Air Conditioners, Refrigerators, Color Televisions, Washing Machines, Microwave Ovens, VCD and DVD players, Mobile Phone sets etc. They are the sole distributor of the famous Air Conditioner brand GREE in Bangladesh and also hold the distributorship of other brands like KONKA, HAIKO, Khind & Mistral, Lifan etc.

bKash Limited is a subsidiary of BRAC Bank, whose ultimate objective is to ensure access to a range of financial services for the people of Bangladesh. With more than 45,000 agents all over the country, bKash is leading the field of Mobile Financial Services in Bangladesh.

Also present at the ceremony were A.T.M. Mahbub Alam & Md. Ariful Mazid from bKash and from Electro Mart- Abdullah Ahmed Jamil and Md. Mizanur Rahman were present.