upay, NRB Bank partner to strengthen digital financial services

upay, the mobile financial service (MFS) of UCB Fintech Company Ltd, a subsidiary of United Commercial Bank PLC (UCB), has entered into a strategic partnership with NRB Bank PLC to expand access to digital financial services and enhance customer convenience across Bangladesh. The collaboration was formalised through a signing ceremony held recently.

Under the partnership, Upay customers will be able to access a range of banking services, including add money, fund transfers between NRB Bank accounts and Upay wallets, Micro DPS, remittance disbursement, and credit card bill payments. The initiative reflects the shared commitment of both organizations to delivering secure, seamless, and customer-centric financial solutions while accelerating digital financial inclusion, says a press release.

The agreement was signed by Shyamol B Das, Managing Director and CEO of UCB Fin-tech Company Ltd (upay), and Tarek Reaz Khan, Managing Director and CEO of NRB Bank PLC, on behalf of their respective organizations. The signing ceremony was attended by senior officials from both organizations, including Sajjad Alam, Head of Corporate Sales at Upay, and Anwar Uddin and M Rashidul Huda, Deputy Managing Directors of NRB Bank PLC.