• Sunday, Aug 14, 2022
  • Last Update : 04:24 pm

'Nagad is a PM-approved service'

  • Published at 04:37 pm September 12th, 2021
Posts and Telecommunications Division Secretary Md Afzal Hossain
Posts and Telecommunications Division Secretary Md Afzal Hossain Courtesy

Says Posts and Telecommunications Division Secretary Md Afzal Hossain

Brushing aside what he referres to as the recent ongoing propaganda by a vested quarter about Nagad’s partnership, Posts and Telecommunications Division Secretary Md Afzal Hossain said that Nagad is a financial service approved by the Prime Minister.

In a video statement on Sunday, the Posts and Telecommunications Division Secretary said that it is known to all that Posts and Telecommunications Division and Postal Department have partnership over the mobile financial service Nagad, according to a press release.

Hossain said: “It is a well-known fact that the prime minister has approved of this service and she herself started the transaction of it with Tk10,000. So, the Prime Minister’s approval on the service is there.”

Before the Secretary, Posts and Telecommunications Minister Mustafa Jabbar and Postal Department’s Director General Md Siraj Uddin, refuting the propaganda, in separate statements said that there is no room for confusion that Nagad is a service of the Postal Department.

“Postal Department and Third Wave Technologies tie-upped and started their journey in 2017 with the Nagad service. With time and overcoming obstacles, now in 2021 Nagad has gained a significant position," said Afzal Hossain.

“Nagad is an exceptional MFS among all the financial services of the country. Nagad’s customer base and profit is also increasing day by day,” he also said.

“Nagad will come over as a complete information-based technological service overcoming the obstacles in the future. Now we are at the second position and I hope very soon we will become number one and serve the country and its people better," he added.