Visa delegation meets central bank governor

A high-level delegation from US financial technology company Visa, led by President of the Asia Pacific region Stephen Karpin, met Bangladesh Bank Governor Md Mostaqur Rahman on Wednesday.

During the meeting at the central bank headquarters, the delegation and the central bank chief discussed various issues of mutual interest, including the expansion of Bangladesh’s digital payment ecosystem – specifically focusing on TakaPay – and the enhancement of payment system security.

BB Deputy Governors Dr Md Kabir Ahmed and Md Sarwar Hossain, along with senior officials from the Payment Systems Department of Bangladesh Bank, were also present at the meeting.

Yesterday, the Visa Asia-Pacific president expressed the company’s interest in expanding its investment and business operations in Bangladesh during a courtesy meeting with Prime Minister Tarique Rahman at the Bangladesh Secretariat.

Karpin said Bangladesh had significant potential for Visa to work in digital financial services, technology and innovation.

He also expressed interest in using artificial intelligence to make the country’s banking and digital payment systems more secure, convenient and faster.