Daraz Bangladesh, one of the country's largest e-commerce marketplaces, and bKash, a leading mobile financial service provider, have partnered to offer small and medium enterprises to run their business with Daraz through bKash merchant account.
As a result, entrepreneurs from semi-urban, rural, and remote areas, can sell their products through Daraz and receive payment easily through bKash, without the need for a bank account, read a press release on Thursday.
The joint initiative will help generate new entrepreneurs and accelerate the country's economic growth by reducing unemployment.
At present, more than 550,000 small and big merchants across the country are receiving payment through bKash, many of which are not listed on Daraz.
By enabling bKash merchants to sign up as sellers on Daraz, the initiative provides an alternative transaction method and allows more sellers to do business with Daraz. This ultimately results in a wider variety of products and services available on the platform for customers.
Daraz Bangladesh is committed to providing its customers with the best online shopping experience, and the B2B Seller Signup through the bKash initiative is another step in that direction.
