Meghna Bank PLC has entered into a merchant pay service agreement with Akij Fair Value, the retail grocery chain of Akij Venture Group, to facilitate cashless transactions for customers. This partnership will enable MeghnaPay users to make purchases at Akij Fair Value outlets simply by using the “Scan & Pay” feature.
Driving the Cashless Revolution
The agreement was formally exchanged at Meghna Bank’s head office, in the presence of senior officials from both organisations. Notable attendees included:
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Mr Kimiwa Saddat, Deputy Managing Director, Meghna Bank PLC
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Mr Mokhlesur Rahman Akhtar, Chief Financial Officer, Akij Venture Group
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Mr Sayed Joynul Abedin, Director of Operations, Akij Venture Group
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Other senior executives from Meghna Bank and Akij Venture Group
Speaking at the event, Mr Kimiwa Saddat highlighted the growing importance of digital payments:
“Cashless transactions are no longer just a convenience; they are becoming a necessity. We envision playing a key role in the transition towards a next-generation cashless society, and MeghnaPay is one of our flagship digital initiatives.”
Enhancing the Grocery Shopping Experience
Akij Venture Group CFO, Mr Mokhlesur Rahman Akhtar, also emphasised the significance of this collaboration:
“We are committed to providing a world-class grocery shopping experience through digital innovations. Meghna Bank’s Merchant Pay service will play a crucial role in achieving our vision of a fully digital retail ecosystem.”
Expanding Digital Payment Solutions in Bangladesh
With digital payment adoption on the rise, this partnership reflects a broader shift towards a cashless economy in Bangladesh. The initiative aligns with the government’s vision for Digital Bangladesh, where fintech solutions are increasingly integrated into everyday transactions.
Customers can now experience a seamless, secure, and efficient payment system at Akij Fair Value outlets, reinforcing the momentum towards a cashless future.
