A cattle market for Eid-ul-Azha has been set up in Natore’s Singra upazila with the slogan ‘Transactions are going cashless, Bangladesh is becoming smart’ and the buying and selling of sacrificial animals at the market is being conducted through Nagad, one of the country’s leading mobile financial service providers.
State Minister for Posts, Telecommunications, and Information Technology Zunaid Ahmed Palak initiated this cashless cattle market in Singra’s Ferry Ghat area. Thanks to his efforts, the cattle market has been sitting every year ahead of Eid-ul-Azha since the Covid-19 pandemic.
From the only digital payment booth at this market, buyers and sellers are enjoying the country’s lowest cash-out charge on Nagad. This initiative is particularly helping buyers and sellers avoid pickpocketing and other crimes that are common in cattle markets.
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The introduction of the digital payment booth has made it easy for the people of Singra to conduct transactions via mobile phones. Moreover, traders coming from distant areas can safely return home after selling cattle by making cashless transactions through Nagad.
Regarding this initiative, Nagad Ltd.’s Deputy Managing Director Shihab Uddin Chowdhury said, “Nagad is the first name that comes to mind when it comes to encouraging cashless transactions in the country. Every year during Eid-ul-Azha, we provide safe and affordable transaction services at various cattle markets across the country. We also offer other services.”
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For those without a Nagad account coming to the cattle market, the popular MFS provider is offering the convenience of opening an account within a minute at the digital payment booth.
