Bangladesh’s e-commerce sector is growing rapidly, but the transition to digital payments remains slow due to the country’s strong reliance on cash. To foster growth, efforts are needed to educate consumers, improve infrastructure, and increase merchant adoption of electronic payments, ultimately driving the shift towards a cashless economy.
Rabbit, the Egypt-based quick commerce startup, has expanded into Saudi Arabia with a regional HQ in Riyadh. The company aims to deliver 20 million items across the Kingdom by 2026. Rabbit focuses on fast, AI-powered deliveries in 20 minutes and has seen significant growth in its Egypt market.
Mastercard has partnered with PayTabs Group to provide a digital payment platform for SMEs in Egypt. The platform aims to simplify and secure payment processes, promote contactless payments, and support Egypt’s digital transformation. This collaboration enhances payment acceptance and financial inclusion for businesses in the country.
Checkout.com is expanding its services in the UAE, aiming to launch secure and efficient card issuing services by 2026. The initiative, pending regulatory approval, will enable businesses to issue branded cards, enhance financial control, and simplify B2B payments. The company is also focused on expanding its footprint in the MENA region.
PayMaster has launched HOPPR, a ride-hailing service in Sri Lanka that integrates digital payments and an AI-powered credit system, offering drivers financial independence. With a unique referral system, drivers earn lifelong commissions, and access credit for expenses. The platform aims to empower gig workers and revolutionize the digital economy.
Walee has launched Walee Sports Free Hits, a dynamic show for HBL PSL 10 targeting Gen-Z audiences. Hosted by Ahmad Shahzad and Mehaq Khokhar, the show blends cricket, comedy, and cultural commentary. Featuring influencers and cricket stars, Free Hits aims to create a relatable, fun experience for digital fans.
SalamAir has launched a dedicated WhatsApp service that allows passengers to receive their tickets and boarding passes directly, enhancing the travel experience. This is part of the airline’s digital transformation strategy, aiming to offer greater flexibility and personalization with tech-driven solutions.
Telr has partnered with Saudi Awwal Bank (SAB) to enhance payment services and support Saudi Arabia’s Vision 2030 goal for a cashless economy. This collaboration provides merchants with advanced payment solutions, including BNPL and digital invoicing, while improving transaction speed, security, and compliance with local regulations.
SalamAir has launched a new WhatsApp service that enables passengers to receive tickets and boarding passes directly via the messaging app. This digital innovation is part of the airline’s broader strategy to enhance customer experience and streamline the booking-to-boarding process, with more features planned for the future.
Bangladesh’s e-commerce sector is set for significant growth, with the “Digital Bangladesh” initiative driving increased adoption of digital payments. However, challenges remain, including a heavy reliance on cash-on-delivery payments and low financial literacy. Addressing these issues will unlock the full potential of the sector and integrate Bangladesh into the global market.
