Sending Money in Bangladesh Was Painful Once Not Now

Bangladesh came into existence after it's division from India earlier and later from Pakistan. The country has many stories of migrating folks who still migrate for the sake of money since then. Few years back, sending or receiving money to and from Bangladesh was daunting and painful experience, but Payza Bangladesh has changed the scenario today.

Initially Bangladesh was an eastern part of Pakistan, which came into existence due to the partition phenomenon of Indian peninsula. Bangladesh has been through troubles and suffering from social, political, economic, and educational problems ever since its origin.

Partition Phenomena
The first partition from India was indeed the series of painful experiences because the majority of people came in Bangladesh were from Bengal race, so Bengali became their national language while remaining Urdu speakers who came from rests of neighboring states of India fall at minority in Bangladesh at ethical and cultural level. Therefore, this minority community has strong ties with their relatives in India and some in Pakistan who came into picture after second partition of Bangladesh. The real threads of the ties were financial, wedding, family links, religious and cultural links for essential practices like burial and some were pure but strong emotional bonds as human beings.

Painful Sending and Receiving Money
These immigration ties were demanding frequent travel and money exchanges between the people of these two to three nations. In the olden days, sending or receiving money was uneasy and unsecured because, the carrier and the trust factors were in question. The recent new generations of Bangladeshis had begun migration to the western and other countries of the world for the sake of better opportunities and life.This has worsened issues related to money transactions further by adding currency and distance factors in it.

If you have heard horrendous stories of the pain of sending and receiving money from the elder immigrant folk of Bangladesh, you probably would have realized the importance of the one-click solution in the form of payment gateways on Internet thoroughly. According to the old folks, officials had created a lot of hassle in sending and receiving money. Sometimes they have to pay bribe to the border security guards for the cover or carrier crossing the borders frequently in due course of money transactions.

Gradual Improvements
Gradually, other means of money transfer came to the surface and eased the lives of many Bangladeshi folks who are dispersed across the globe and want to keep their ties intact with their Bangladeshi relatives or counterparts. Recently, the government of Bangladesh allowed Payza Bangladesh as official payment gateway, which will work on the accepted terms and respect the laws of country and most importantly, for the betterment of Bangladeshis by-and-large.

Payza Changing the Scenario
Payza has put an excellent service called, SimplySendBD as low cost, convenient, and fast online money transaction facilities where people of Bangladesh and immigrant folks can receive or send their money in a highly cost-effective way rapidly yet securely. Payza Bangladesh has tied knots with local banks of Bangladesh for easy local bank account access and money topping facilities for online shopping in Bangladesh as well as sending and receiving money from and through Bangladesh at the lowest remittance fees.

The ease through e-transaction has boosted the outsourcing and export sectors to grow and perform secure and conductive financial environment that was a nightmare once in the same country and for the same people of the Bangladesh.

If you have any questions or comments, we invite you to share them with us by leaving a comment below or joining us on our Payza Facebook and Payza Twitter pages.  

Bangladeshi Businesses Favors Buy Button of Facebook Commerce

Facebook has devised and tested Buy button for all levels of businesses. Its success is in favor of small to medium businesses of Bangladesh because they are heavily relying on Facebook for traffic and reputation. Moreover, lean approaches of Facebook to integrate and to let people select the payment gateway of their tastes and choices may prove a boon in Bangladesh as Payza Bangladesh is obvious choice of people for safe and secure transactions.

Great Aspirations of Facebook
Since the beginning, Facebook is eyeing on e-commerce activities comingled in its social media environment. Therefore, initially it had introduced virtual money in various games, but responses were not good. Now, it has followed the experiment of Twitter and introduced a ‘Buy’ button in its ads, chats, and post pages to purchase products or services directly without re-routing on any website or mobile app of the particular business.

Its beta testing is indicating desired success and shoppers are reluctant to use new approach of Facebook towards e-commerce. Fundamentally, Facebook has potential to become an e-commerce giant against its ultimate rivals like e-bay, Amazon, Google, Apple, etc. but in a bit different way and manner. Whatever are the aspirations of Facebook by entering in e-commerce arena, one thing is sure that Bangladeshi businesses are in win-win situations.

Importance of Facebook Commerce in Bangladesh
Before citing anything about Facebook commerce, let me tell you how Facebook had played vital role in the growth of online shopping in Bangladesh. Initially, very few entrepreneurs and brick stores have courage to enter in online shopping opportunities. They have selected Facebook for their online media and won hearts of millions through effective presentation of products/services and after sale support.

No doubt, until today Facebook is a choice for online shopping outlet development in Bangladesh, as it is low cost investment for online shopping identity for Bangladeshi businesses of small to large scale. Facebook has enormous number of users in Bangladesh and numbers are still rising at rocket speed.

Mobile proliferation and easy Internet access had poured more fuel in growth of Facebook commerce. Almost all major to minor brands have Facebook presence in form of Facebook fan pages or commerce pages. Businesses are in race to win more likes, share, and getting good reviews of their commercial adventures.

Conductive Environment for Facebook Commerce in Bangladesh
These all have created a conductive environment for Bangladeshi businesses to use Buy button explicitly. Brands have earned great trust of its patrons and potential consumers upfront. They now need ‘Buy’ button like conversion agent to hit their conversion goals with the shortest loop of buying process for online shoppers in Bangladesh.

Moreover, Facebook allows online shoppers to select payment methods and payment gateway of their choice as well as express their willingness to share their private data with Facebook for future checkouts. These lean approaches of Facebook have placed ease for shoppers to go with their favorite Bangladesh payment gateway provider like Payza Bangladesh.

Payza is not only offering the cheapest alternative for e-transactions, but it also is ensuring high security and safety for its users. Thus, Bangladeshi businesses are more reluctant to use Facebook commerce and ‘Buy’ button like initiatives willingly.