The country’s mobile financial service provider upay has signed an agreement with Pathao Limited to facilitate cash collection from Pathao Courier Hubs across the country.
Under the agreement, upay will provide cash collection solutions to Pathao Courier Service, a concern of Pathao Limited. upay will collect cash from 53 points of Pathao Courier service across the country, says a press release received on Tuesday.
Managing Director and CEO of upay Rezaul Hossain and CEO of Pathao Limited Fahim Ahmed signed the agreement on Thursday at upay head office in Dhaka.
Commenting on the agreement, Rezaul Hossain said, “We are happy to provide the cash collection solutions to Pathao which will help them to manage their business efficiently by reducing hassle on cash management. We hope our partnership will grow further through this agreement.”
Pathao CEO Fahim Ahmed said, “This agreement offers a highly advanced, secure, and efficient platform to Pathao Courier. The agreement has paved the way for both Pathao Courier and upay to provide us with the cash collection solutions in an efficient manner.”
Senior officials of both organisations were present during the signing ceremony.