Priyo Inc. and BACCO Partner to Launch International Payment Platform
The Bangladesh Association of Contact Center and Outsourcing (BACCO), the national trade body representing the country’s BPO and ITES industry, has signed a Memorandum of Understanding (MoU) with Priyo Inc., a Delaware-registered company based in the United States.
The agreement was formally executed on Thursday, November 6. The MoU was signed by Pike Iqbal Hossain, Chief Operating Officer of Priyo Inc., and Md. Tanzirul Bashar, Vice President of BACCO.
Under this strategic partnership, a secure, efficient, and cost-effective international payment platform titled “Priyo Pay” will be introduced for Bangladeshi BPO and digital service providers. According to the announcement, the initiative aims to streamline cross-border transactions and improve financial accessibility for companies operating in the outsourcing industry.
BACCO member organizations will enjoy a range of exclusive advantages through this collaboration, including one year of free USD account facilities, zero charges on incoming ACH transfers, up to ten complimentary business debit cards, and dedicated key account management support. These benefits are expected to make international financial operations more transparent and seamless for BPO and ITES firms in Bangladesh.
Both organizations will jointly promote the initiative among BACCO member companies. Priyo Inc. will also issue a special coupon code to facilitate easy access to the offered services.
DBTech/KTH/EK/OR
