Nagad – the digital financial service of the Bangladesh Postal Department – recorded its highest-ever monthly transactions amounting to Tk34,000 crore in March this year.
The company had previously recorded a high of Tk32,000 crore in transactions in June 2024.
According to a media statement by the fintech company, most of these transactions came from cash-in, cash-out, send money, payments, and mobile recharge services.
Throughout March, Nagad ran a campaign titled “Utsober Khushi Nagade Beshi”, offering users the chance to win gifts every hour through Nagad payments.
The campaign received an overwhelming response in the market, significantly contributing to this record-breaking transaction volume.
Nagad Administrator Md Motasem Billah said, “Success never comes by chance. It is the result of collective hard work and effort. Moreover, when everyone works with the same goal and shared values, striving for excellence becomes much easier.”
As the digital financial wing of the Bangladesh Postal Department, Nagad is moving forward with improved services that ensure greater security of customer funds. As a result, more and more users are joining Nagad and transacting with increased confidence and convenience, he added.
Notably, Nagad’s highest single-day transaction in March stood at Tk1,500 crore on the 20th. Earlier this year, Nagad made headlines by crossing the Tk2,000 crore mark in daily transactions on 9 January.