Home ›› 02 Mar 2022 ›› Corporate
Mobile financial service upay has signed an agreement with Pathao Limited to facilitate cash collection from ‘Pathao Courier Hub’ across the country.
Upay Managing Director and CEO Rezaul Hossain and Pathao Limited CEO Fahim Ahmed signed the agreement at upay head office in the capital recently.
Under the agreement, upay will provide cash collection solutions to Pathao Courier Service, a concern of Pathao Limited. upay will collect cash from 53 points of Pathao Courier service across the country.
Commenting on the agreement, Rezaul Hossain said, “We are happy to provide the cash collection solutions to Pathao which will help them to manage their business efficiently by reducing hassle on cash management. We hope our partnership will grow further through this agreement.”
In his remarks, Fahim Ahmed said, “This agreement offers a highly advanced, secure, and efficient platform to Pathao Courier. The agreement has paved the way for both Pathao Courier and upay to provide us the cash collection solutions in an efficient manner.”
Senior officials of both organisations were present during the signing ceremony.
upay, a subsidiary of United Commercial Bank, launched its operation in March 2021. Upay customers enjoy a range of services, including fund transfer, utility bill payment, merchant payment, airtime recharge, traffic-fine payment, Indian visa fee payment; receiving inward remittances, salary and government social safety net, and other value-added financial services. Since launching, the company has acquired around 50 lakhs customers. upay has more than one lakh agent points across the country.
