bKash signs deal with Himalaya on disbursement solution to retailers

BP Business Desk

bKash Limited has signed an agreement with The Himalaya Drug Company Ltd to disburse various payments of trade incentives to their retailers.

Under this agreement, The Himalaya Drug Company Ltd will leverage the disbursement solutions of bKash to make various payments including incentives to its retailers and trade partners. 

Once the fund is transferred into the recipients’ bKash accounts, it can be accessed instantly. They can utilize the account balance to make person-to-person fund transfer, top-up mobile airtime, pay bills, make payments in shopping and cash out via more than 2 lakh bKash agents across the country. They can also store the money in their bKash accounts and earn interest on savings.

Mizanur Rashid, Chief Commercial Officer of bKash and Siddhartha Roy, Operation Manager of Himalaya signed the agreement on behalf of their respective organizations at bKash head office. 

Masrur Chowdhury, Head of Govt. Projects & Business Sales, Commercial  of bKash, Abdur Rahim Aurko, National sales Manager of Himalaya, A.T.M Mahbub Alam, Head of Corporate Sales of bKash with other senior officials of both organizations were also present at the event. Launched in 2011, bKash, a joint venture of BRAC Bank, US based Money in Motion, International Finance Corporation, Bill and Melinda Gates Foundation and Ant Financial, operates as a payment service provider offering broad range of mobile/digital financial services under the regulation of Bangladesh Bank. With experience since 1930, Himalaya Herbals combines the best of Ayurveda with years of scientific research to offer customers a range of natural, effective and safe products that restore people’s skin health and vitality.