Singer to use bKash’s B2B solution for cash collection

Jago News Desk Published: 19 June 2024, 05:59 PM
Singer to use bKash’s B2B solution for cash collection

Singer Bangladesh Limited, one of the leading electronics brands in the country, will use bKash’s B2B (business to business) cash collection solution to simplify its financial management at the field level by saving time and expenses. The service will be used in Singer’s 470 showrooms spread across the country to collect cash and provide electronic money (e-money) against it.

The two companies signed an agreement in this regard recently. Yigit Emre Senolur, Chief Financial Officer (CFO) of Singer Bangladesh Limited and Ali Ahmmed, Chief Commercial Officer (CCO) of bKash inked the agreement on behalf of their respective organisations. Some other top officials of the two companies were also present in the occasion.

With this B2B service, Singer’s supply chain related financial transactions at field level will become cashless, transparent and secure as well as simplify the company’s overall financial management.

It is to be noted that top companies from different sectors including cement, beverage, lifestyle, food, pharmaceuticals etc. are already using bKash’s ‘B2B solution’. This solution helped improving efficiency in overall business operation by simplifying and securing financial management at the field level for the companies with large supply chain. Besides, such service strengthens the ecosystem of digital transactions in line with the country’s journey towards becoming smart economy. -Press Release-