In a major drive toward building a cashless economy, Finance Minister Amir Khasru Mahmud Chowdhury announced that transactions conducted through the standardized Bangla QR code system will be completely free of charges for consumers and merchants across Bangladesh.
The Finance Minister made the announcement on Thursday (October 1, 2026) during the inauguration and inspection of Bangla QR code payment implementations at the Banani Fresh Market in Dhaka. Chowdhury stated that the zero-fee framework aims to bring street vendors, rickshaw drivers, and small business owners into the formal digital financial service ecosystem. Under the initiative overseen by Bangladesh Bank, micro-merchants and citizens can send and receive funds seamlessly across any bank or mobile financial service account without physical currency. While acknowledging minor initial technical challenges during the rollout, the Minister highlighted successful international cashless models and urged citizens and merchants nationwide to actively embrace digital transactions.
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Reported by Business Desk • Edited by the Daily Best News desk. Send corrections to [email protected].
