Dmoney, a new Payment and Lifestyle app launched
Mr. Anjan Chowdhury, Chairman of Dmoney and Director, Square Group, Mr. Md. Mezbaul Haque, General Manager, Payment Systems Department, Bangladesh Bank, Ms. Sonia Bashir Kabir, Vice Chairman and CEO, Dmoney, Mr. Aref R Bashir, Co-Founder and Managing Director of Dmoney were present at the occasion. The press event was attended by journalists, media and business partners of Dmoney. Dmoney obtained Payment Service Provider (PSP) license from Bangladesh Bank earlier in January this year.
The newest digital payment app Dmoney promises to cater not only to the digital payment requirements of the users but also seamlessly integrates users with latest lifestyle and financial services. Dmoney is designed for the people who are looking for a service driven platform.
Users can easily open a
Sonia Bashir Kabir, a tech icon herself, expressed her excitement terming Dmoney as the most advanced app ever launched in Bangladesh by a Bangladeshi entity. “We look at technology as a problem-solver. The real problem to solve is the challenge of building an “ecosystem” around homes/small & medium businesses and offer them all the products and services they need to operate effectively with productivity and succeed in their endeavors. We are happy to introduce Dmoney which will ease digital
adaptation and will positively impact people’s lives. We thank our regulator, Bangladesh Bank for keeping their trust on us. I am confident Dmoney will be able to honor their trust.”
Aref Bashir, the Managing Director and co-founder of Dmoney, a Silicon Valley tech veteran remarked, “Dmoney is full service Digital Payments Platform and Lifestyle app. The platform serves as an ecosystem builder as Dmoney believes it is through Technology and partnerships with stakeholders that we can break the cash to digital barriers. The app offers a rich set of services both lifestyle and payments and is scalable and extensible so it can grow richer week to week. We live in a mostly cash economy and Dmoney seeks to contribute to the digital transformative changes – with ease of use security and rich services that meet user needs. This includes onboarding and digitizing merchants with QR to ease payment frictions. Dmoney was built in Bangladesh by a talented team of engineers. We are very excited and proud to start operations and very optimistic about the market and the adoption”
“Dmoney would like to lead the digital transformation. We aspire to make payments and services accessible to everyone. We are optimistic we will make Dmoney the catalyst for social empowerment for the underserved” remarked Sonia.
Aref Bashir presented the features of the app and the use cases along with the Dmoney philosophy it bring to the product design. He demonstrated the first ever interoperable wallet transfer and other unique features of Dmoney app which included a transaction usage dashboard and request money with invoices for p2p and p2b scenarios and a rich set of services all accessible from with the app. He also introduced the country’s first interoperable QR which followed Bangladesh Bank guidelines and had international card schemes as partners along with multiple Banks.
Dmoney is available for download in both app store and Google play store and supports devices running on Android 4.0 and above plus IOS 6 and above OS versions.