Bank Asia has signed an online payment gateway service agreement with Canada-based AlertPay, a press release said.Through this deal, Bank Asia became the first Bank in Bangladesh to establish business through Online Payment Gateway Service Providers (OPGSP) to provide service to the indivudual service exporters of Bangladesh.

Casada Technology will work as the local agent for AlertPay here in Bangladesh. AlertPay is an established OPGSP, who offers a flexible way to send and receive money worldwide through Online Payment Gateway Service. 

The government recently permitted instant money transfer facilities to service exports as Bangladesh is becoming a service exporting country, especially in software sector, which involves small value exports in such as data entry and software.

 Mehmood Husain, managing director, Irteza Reza Chowdhury, deputy managing director of Bank Asia, and Firoz Patel, chief executive of AlertPay, signed the agreeent on behalf of the respective sides. Intezar Ahmed, chairman of Casada Technology, was also present.

The Independent/Bangladesh/ 29th Dec 2011