At one hand, credit/debit cards are facing security threats
everywhere and they are more pronounced in Bangladesh like country. At other
hand, Bangladesh can’t allow cryptocurrency and other international payment methods
where tracing where about of senders or sometime receivers are not available
for security agencies. Thus, Payza is the fittest solution for the Bangladeshis
and simulate the services of PayPal indeed!
Bangladesh is densely populated country, if we calculate
population density per sq. km. Fortunately it has average age of 23 and its
scrappy young generation heading towards rapid socioeconomic changes along
with political ambiance. Awareness, education, and influence of entrepreneurs
within and outside the country are bringing rapid changes in the lifestyle and
the ways people think and behave.
Brick and mortar businesses are now converting to
brick-to-click and e-commerce ventures by recognizing the upcoming trends and
mood of Bangladeshis. Invasion of mobile Internet has made easy to go online
and perform the desired online shopping from anywhere and at any time. Now,
just tell me who would like to go outside to deal with traffic mesh and burn
fuel albeit with wasting valuable time in moving shop-to-shop.
Obstacles in the Way
However, Internet
shopping in Bangladesh is not quite easy, as it seems, literally in other
countries particularly in western counterparts. In USA, you can use PayPal like
payment gateways freely and securely whether you are a US citizen or not.
Unfortunately, it is not true in Bangladesh because PayPal and others do
willingly not exist in the economy. Bangladesh is highly sensitive and
protective economy in Asia. Therefore, it avoids international players who
become cause of dollar drains, instruments of terrorism, and adverse in the
interests of the country at this stage.
Another reason is mindset of Bangladeshis who believe that
each entrepreneur invests only for sake of fatty profits and they hardly place
trusts on other money transfer or payment methods. For these very reasons,
payment on delivery and brick-to-click like models resume much. Other factors
such as opening merchant account and payment gateway account
for a business or buyer is tedious to do.
Unique Nature and
Condition of Bangladesh
At other hand, Bangladeshis love to do quick online shopping
instead of waiting for long in traffic mesh. They love to have simple payment
process even they don’t have permanent bank account. The demand for such
extreme level simplicities without missing security concern of bank, people,
and government was challenging to translate in solid reality.
Role of Payza
Bangladesh
Fortunately, Payza Bangladesh has taken bid to create
bespoken solutions for Bangladesh in its own circumstances. What Payza Bangladesh has done? It has
implemented e-wallet concept where anyone can create account with Payza Bangladesh,
simply by visiting a teller in bank or registering online by filling essential
info and identity/authentication. You would have multiple options to topple
money in your account in bank or online.
Now, you are ready to do online shopping, transfer money to
your relatives/friends, or withdraw money coming from others. If you have
cryptocurrency and you want to covert it in Taka (local money), you can take
help of Payza Bangladesh with minimum charges. In fact, this e-wallet concept
absolutely eliminates the merchant account from the default online payment
system and you have to just deal with a reputable international payment service provider in your local Bangladeshi environment with your own ways.
Bangladeshi PayPal
Payza Bangladesh is feasible solution for the exporter,
non-residential Bangladeshis, and offshore service providers like software
designers, developers, Internet marketers, and many. Perhaps, Payza Bangladesh
is highly sought after solution for the outsourcing industry, which desperately
needs Bangladeshi PayPal in absence of real PayPal.
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