17th May Thursday, Dhaka
iPay Systems Limited signed a strategic agreement with Olive Tree Foods Limited. The event took place at the iPay headquarters located in Gulshan. This partnership will set to unleash a fresh wave of enthusiasm in the rapidly growing digital economy of the country towards a cashless society. Olive Tree owns two popular franchises, namely, Cold Stone Creamery and Orange & Half. This partnership will make iPay users accessible to both these franchises.
The ceremony was witnessed by attendees from Olive tree Foods limited which included MD Kamaal Munasing, Executive Director of HR and Corporate Affairs Jewel Rajoyani Miya, AGM of Operations Mohamamd Rashedul Alam and Associate Manager of Marketing & PR, Tangina Chowdhury.Other attendees from iPay included, Head of Business and Strategy, Mohammad Abul Khair Chowdhury, Head of Merchants, Raihan Faiz Osmani, Merchant Acquisition Manager Sagar Ahmed Robin, Merchant Operations Manager Mahboobur Rahman, Manager of Business Development Iftekhaerul Alam Ayon and Business Development Specialist Shahnawaz Mannan.
iPay Systems Limited is the first digital service wallet in Bangladesh with a license granted by Bangladesh Bank as a Payment Service Provider (PSP). Members can easily download the app from Apple Store or Google Play Store to sign-up and then get verified to start transaction. Moreover, members can pay their bill, send money to their bank accounts or add money to their iPay wallet from their bank accounts, send money request to their friends and family and also top-up mobile bill.
To sign-up in iPay, members need to provide general information like name, and mobile number and also set password. Then for account verification members need to upload their photo, National ID Card/Passport/Driving License. Then lastly to ensure source of fund, members need to add money to their e-wallet by adding either their bank account or Credit/Debit Card.