Payza Bangladesh signed and agreement with SSLCOMMERZ, an online payment gateway service of SSL Wireless on September 29, 2016, at Casada corporate office, to offer an enhanced online payment solution in Bangladesh.
Payza has announced their integration with Interac's online payment method for Canadian consumers and businesses. Canadian consumers can add funds to their Payza accounts directly through their online bank account via the ‘Add Funds by Interac Online’ option within their accounts. In addition, Payza Businesses worldwide can directly accept Interac Online payments from Canadian members.
Amar S Magon talks about how people in Bangladesh will for the first time be able to shop online and use their money digitally seamlessly.
Startup Dhaka got the opportunity to get an exclusive interview with Amar S. Magon—a Canadian Entrepreneur who’s investing in Bangladesh. We talked about Payza. Payza has been in Bangladesh for a while now and they’re planning to do some big things.
Payza now plans on opening the e-wallet service in Bangladesh which will address the payment problems in the e-commerce field inside the country. We spoke to the CEO of Payza, Mr. Firoz Patel who is in Bangladesh right now to oversee the launch of their new service. The session started off with a short video clip which advertises the new product- the e-wallet. An e-wallet is basically a portal on top of a bank account or a credit card which can be used to send money from one account to another. This will be particularly helpful for the e-commerce sector where there are no easy payment solutions. Making transactions via credit card is a long and laborious process that includes filling out lengthy forms with all the credit card details.
At first glance, most payment gateways seem similar -- enabling the processing of credit card payments. However, by taking a deeper look, ecommerce businesses will find that there can be significant differences and should ask about four critical areas of functionality before selecting a gateway. Choosing the optimal gateway for a business is important since credit cards remain by far the most preferred payment method.
The internet has redefined business in too many ways to count, but most importantly it has given every consumer a much louder voice than they ever before enjoyed. For any business that wants success, their business motto must be, “It’s all about the customer experience.” Now that the internet has become ubiquitous in almost every part of life, traditional brick and mortar businesses face a real threat from online competitors.