Earthport, a cross-border payments service provider, has partnered with BRAC Saajan Exchange, the payments arm of BRAC Bank, to deliver cross-border payment services into Bangladesh.
The partnership enables inbound payments through Earthport’s payment network, which according to the paytech vendor, provides a more cost-effective and secure solution for managing international payments.
The partnership marks Earthport’s entry into Bangladesh and is part of its longer-term strategy to increase the number of Asian markets IT services, building on its recent network expansion across the continent.
Abdus Salam, MD and CEO, BRAC Saajan Exchange, says: “We believe our large, secure distribution network and nativity to the Bangladeshi community complements Earthport’s global payment network and greatly supports the wider needs of Bangladeshis everywhere.”
Source: http://www.bankingtech.com/1081242/earthport-expands-to-bangladesh-to-deliver-cross-border-payments/