Banglalink has received the No Objection Certificate from Bangladesh Bank to commence operations as a Payment Service Provider. This marks a significant milestone in ensuring wider access to digital payments for everyone.
Powered by a high-capacity technology platform and guided by its DO1440 strategy of empowering customers with relevant digital and financial services every minute of the day, Banglalink is preparing to bring essential financial services directly to customers’ fingertips.
Banglalink, a company fully owned by VEON, a global digital operator, considers this approval an important step toward expanding digital financial inclusion and strengthening the foundation for a cashless society. Supported by VEON’s global fintech expertise, this milestone further strengthens Banglalink’s commitment to advancing Bangladesh’s journey toward a more inclusive and cashless future.
With this development, millions of users will benefit from safer, faster and more convenient digital financial services integrated into their mobile devices. The approval also enables the rollout of next-generation digital payment solutions across the country.
At launch, customers will be able to access instant money transfers, remittance services, utility and government bill payments, e-commerce and merchant transactions, salary and disbursement services, as well as emerging financial solutions such as micro-savings and insurance premium payments.
A core objective of this service is to broaden access to formal financial services, particularly for unbanked and underserved communities. The platform has been designed with a strong security framework to ensure safe, reliable and seamless transactions that build long-term customer confidence.
Johan Buse, Chief Executive Officer of Banglalink, said: “With Banglalink’s nationwide reach and VEON’s global capabilities, we are shaping a secure and inclusive digital payment ecosystem for Bangladesh. This approval reinforces our belief that simple, safe and accessible digital financial services should be available to everyone. Guided by our DO1440 strategy of enriching every minute of people’s lives, we aim to ensure essential digital and financial services are always within reach. As a people-first company that places care at the heart of every decision, Banglalink will continue driving meaningful digital innovation that supports everyday life, empowers communities and accelerates Bangladesh’s journey toward a connected and future-ready digital economy.”
Banglalink is now finalizing preparations for the commercial rollout of its digital payment services in close coordination with Bangladesh Bank and partner institutions.
