BSS-36 Palak for joining IDTP platform to check financial sector’s flaws

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ZCZC

BSS-36

PALAK-IDTP-PLATFORM

Palak for joining IDTP platform to check financial sector’s flaws

DHAKA, March 23, 2021 (BSS) – State Minister for Information and
Communication Technology (ICT) Division Zunaid Ahmed Palak today called upon
all financial institutions, including banks, to use the “Interoperable
Digital Transaction Platform (IDTP)” in order to check irregularities, costs
and harassment in financial sector.

“The country’s largest mobile wallet bKash has already started inter-
digital transactions aimed at bringing down irregularities, costs and
harassment in financial sector…thus, all financial institutions, including
banks should join the IDTP platform,” he said.

The state minister as the chief guest was speaking at a press conference
titled ‘Living No Micro-Merchants behind in the Digital Era in Bangladesh’
organised by the United Nations Capital Development Fund (UNCDF) at a city
hotel.

The credit rating and scoring facilities of IDTP would help small
entrepreneurs to get loan smoothly.

A partnership agreement is going to be signed between Sheba.xyz and ICT
startup Bangladesh Company this month, he said, adding that through
‘Enterprise Resource Planning (ERP)’ solution, small and medium enterprises
at the marginal level will get loan facility without any deposit.

Financial Institutions Division Senior Secretary of Finance Ministry Md
Ashadul Islam and United Nations Development Programme (UNDP) Bangladesh’s
Resident Representative Sudipta Mukherjee attended the conference as special
guests.

BSS/PR/SRH/RY/1815hrs