Mobile financial services provider upay has reduced its cash-out charge to Tk11.99 per thousand. The new rate is part of its campaign titled “Kom er Cheyeo Kom- Unmadonar Unmad.”
upay said it aims to make mobile financial services more affordable and competitive in Bangladesh. The company also offers zero cash-out charges for e-money added through NPSB and cash-out through UCB ATMs. Send Money is free, and the company offers competitive charges on fund transfers and other services, said a press release on Thursday.
The campaign aims to make regular transactions more cost-effective. upay said it wants to encourage greater adoption of digital financial services.
upay is a subsidiary of United Commercial Bank PLC. It operates under a license issued by Bangladesh Bank.
