Eastern Bank signs online payment gateway deal with DGePay

Eastern Bank PLC (EBL) has recently signed an agreement with DGePay, a one-stop payment solution provider and the first licensed payment system operator (PSO) in Bangladesh, to facilitate an online payment gateway.

M Khorshed Anowar, deputy managing director and head of retail and SME banking at Eastern Bank PLC, and Shafquat Matin, director of DGePay, signed the agreement at the bank's head office in Dhaka, according to a press release.

Under the agreement, the bank's customers will be able to make payments effortlessly, while merchants will benefit from two-way functionality.

Faisal M Fathe-Ul Islam, head of m-commerce and e-commerce at the bank, and Md Masuduzzaman, head of sales at DGePay, along with other senior officials, were also present.