The mobile financial service Nagad is the most successful service of the Bangladesh Post Office in terms of revenue, handed over BDT 3,31,94,877 to the authority for the fiscal year 2020-21 as its share.
This information was given by the Nagad on Monday.
According to a message from the company’s media arm, the ‘Nagad’ authority handed over the checks due to the postal department at a function at the conference room of the postal and telecommunications department recently. The secretariat secretary of Posts and Telecommunications Md. Afzal Hossain has received this cheque mentioning the amount from Nagad Executive Director Md Shafayet Alam.
Director-General of the Department of Posts Md. Siraz Uddin and other senior officials were also present.
As per the agreement, the postal department is entitled to 51 percent of the total revenue generated from the services of Nagad, and the remaining 49 percent goes to Nagad Limited. Earlier, in the financial year of 2019-20, the postal department received Tk 1.12 crore from Nagad.
After receiving the check, the Secretary of the Ministry of Posts and Telecommunications. Afzal Hossain said the postal department and Third Wave Technologies Limited launched the ‘Nagad’ service in 2017 through an agreement. Over time, ‘Nagad’ has gone through many ups and downs.