upay, one of the fastest-growing mobile financial service providers in the country has won the ‘Fintech Innovation of the Year’ award in mobile money category.
The award has been conferredto upayfor its innovative multi-wallet feature enabling customers to make transaction at a lower cost from four different wallets in one upay account.
Sydul H Khandaker, Managing Director and Chief Executive Officer of upay received the award at the ‘Fintech Award 2021’ event organized by the Bangladesh Brand Forum at the Hotel Sheraton in the city on Saturday.
Multiple wallets include a common primary wallet, salary wallet, remittance wallet and disbursement wallet. Charges are less than Tk. 14 per Tk 1,000 fordifferent wallets and in cases it is free of cost.
Commenting on the winning of the award, Sydul H Khandaker said, “We are very excited to receive the award. As a new MFS brand, upay focuses on addressing customer pain points and solving those by innovating new features and services. Introducing multiple wallets in a single MFS account is a very unique feature. It provides convenience to the customer in terms of cost and transparency.”
