Business Desk :
Bank Asia PLC has recently launched Scan to Cash, a QR code-based cash withdrawal service that offers a modern day alternative to traditional cheque-based withdrawals.
This fully digital solution allows customers to withdraw cash from any Bank Asia branch-without the need for a cheque or debit card.
With Scan to Cash, a unique QR code is displayed at the cash counter in every Bank Asia branch, says a press release. To make a withdrawal, customers simply open the Bank Asia Smart App on their smartphone, scan the QR code, enter the desired amount, and authenticate using a one-time password (OTP).