Under this MoU, 1.6 million GS customers living across the remote areas will use mobile-phone based SureCash automated payment platform to pay their installments for its Solar Home Systems.
Managing Director Nurjahan Begum, Chief Operating Officer Sohel Ahmed, Chief Financial Officer Abdus Sattar of Grameen Shakti and Chief Executive Officer Shahadat Khan, Chief Business Officer Md. Abu Taleb and Vice President Md. Faruk Hosen of SureCash, among others, were present in the MoU signing ceremony.
Nurjahan Begum said, “Through this service our customers will get individual mobile banking accounts to pay their installments from their home at any time. They can now pay their monthly installments in multiple small parts depending on cash availability, and can also view their account statements from their own phones.”
SureCash is a complete mobile banking and payment platform, currently operating in agreement with 6 banks in Bangladesh. Using this platform, a customer can send money all over the country, can make various payments such as education fees, utility bills, and online purchases, recharge mobile balance and receive personal remittance using own phone. Customers may open mobile banking account or deposit/withdraw cash at any of the 35,000 SureCash retail agents distributed around the country.
Grameen Shakti is one of the largest renewable energy companies in the world, operating in Bangladesh. With 1050 branches, GS provides Solar Home Systems, Biogas Plants and Improved Cooking Stoves to the rural poor people around the country. More than 1.6 million people are now using environment-friendly solar electricity through GS, which is an outstanding success globally.”