Nagad, the mobile financial service provider of the Bangladesh Post Office, has clinched the “Mastercard Excellence Award” 2023 for its outstanding contribution to credit card bill payments.
The mobile money carrier has been honored with this prestigious award as the “Master Evolution”.
On behalf of his company, Nagad’s executive director Maruful Islam Jhalak received the award recently from Mastercard high officials at a programme held in a hotel in the capital, said a press release today.
Nagad Ltd. won “Excellence in Mastercard Digital Business” award for facilitating credit card bill payments. Earlier in 2022, the company grabbed “Mastercard Excellence Award” for its remarkable contributions to financial inclusion in Bangladesh.
This year’s recognition is a testament to Nagad’s dedication to providing seamless and efficient credit bill payment solutions. The award also acknowledges the company’s relentless pursuit of excellence, customer-centric approach, and the positive impact it has made on the financial landscape.
After receiving the Mastercard Excellence Award, Nagad’s executive director Maruful Islam Jhalak said, “Such recognition will encourage us to work with more vigour towards reaching our goal of ‘Smart Bangladesh’. From the get-go, Nagad has been working to promote digital payments.”
He said, “Only in five years of our journey, we have onboarded around 8 crore customers, which we can say is a revolution in the financial industry. We along with our partners want to speed up the ongoing digital transformation, eventually leading our country to a cashless society.”
Atiur Rahman, the former governor of Bangladesh Bank and an emeritus professor at Dhaka University, was the primary guest of the award ceremony, and Helen LaFave, the deputy chief of mission at the US Embassy in Dhaka, was the special guest.
Distinguished guests Md. Sharafat Ullah Khan and Md. Motasem Billah, directors of Bangladesh Bank’s payment systems department, were also in attendance.
Attendees at the award ceremony included Golam Jamil Ahmed, head of product development at Nagad, Sirajus Salekin, chief marketing officer Sadat Adnan Ahmad, chief digital officer Shyamol B. Das, and chief commercial officer Shihab Uddin Chowdhury.
