The main reason for the postponement, they said, was that some technical works such as debugging, could not be completed, as there were still errors in some places.
As per directives issued by the Bangladesh Bank’s Payment System Department on 22 October 2020, all MFS providers and banks must introduce such interoperable transactions by 31 March 2021. The central bank also directed the MFS and banks not to introduce any new charges on their customers for the new service.
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