Nagad gets Mastercard Excellence Award

Mobile Financial Service (MFS) Nagad has achieved ‘Mastercard Excellence Award- 2021’ for its contribution towards achieving financial inclusion in Bangladesh.

Nagad’s efforts in the Merchant category in MFS sector brought the honour, it said in a statement on Wednesday.

‘Mastercard Excellence Award- 2021 Next and Beyond’ ceremony was held recently in the capital, where the organisation announced the name of award recipients.

The Excellence award by Mastercard was introduced in 2019, since then the payment technology company has been offering this award to different banks, FinTech, other financial institutions and bodies for their contribution to financial inclusion in Bangladesh.

Nagad Co-founder and Managing Director Tanvir A Mishuk said, “Any kind of recognition gives pleasure. From the very beginning we trying to give the mass people a hassle free and affordable service. I hope Nagad will continue its efforts to be keep the pace of its excellence.”

Since the operation, Nagad, the wing of the Bangladesh Postal Department has gained popularity for its easy and affordable services in this country. The tends to use Nagad among mass people is growing day by day because of its cheapest cash out charge, utility bill payment with no fees, send money from person to person without any charge, highest profit from saving and many other facilities that have been offered by the MFS service.