Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    AlertPay Beats Out PayPal in the Race to Become Bangladesh's First Online Payment Service Provider

    PRWeb – Wed, Feb 22, 2012

    AlertPay becomes the first online payment platform available in Bangladesh.

    Montreal, Quebec (PRWEB) February 22, 2012

    AlertPay, a Canadian online payment platform, has officially entered Bangladesh as the country’s first online payment service provider. AlertPay, in collaboration with Bangladesh-based Casada Technology Ltd., will be providing Bangladeshi freelance IT workers with the ability to receive international payments conveniently and affordably, directly transferred into their local banks. Until now, this essential service has not been available to Bangladesh.

    Bangladesh is quickly becoming a major service exporting country, with a growing number of citizens working for overseas clients, especially in the Information Technology (IT) sector. According to the Bangladesh Association of Software and Information Services (BASIS), there are over 25,000 IT engineers in Bangladesh working for over 600 software and IT companies. At least 150 of these companies specialize in serving overseas clients - and the number is growing. As the IT sector is becoming an increasingly vital part of the country’s developing economy, the Government of Bangladesh has declared the Software and IT Services sector a "High Priority" export. The AlertPay-Casada partnership will play a vital role in the development of this sector.

    Individual service exporters in the country have faced a major roadblock which has stunted the sector’s growth and development. Until today, there has been no secure, cost-effective and efficient system for accepting international payments. AlertPay is now able to provide the solution of a localized service to Bangladeshis needing to transfer money from international accounts into their local bank accounts.

    “Our global online payment platform will allow Bangladeshis with an AlertPay account to receive payments from employers abroad into their AlertPay E-Wallet. The funds can then be withdrawn from their AlertPay E-Wallet and deposited directly into their local bank accounts,” explains Firoz Patel, CEO of AlertPay. "Our platform will result in instant savings for our Bangladeshi members, who now have an alternative method to avoid costly payment receiving options such as bank wires and debit cards."

    AlertPay will begin processing bank transfer withdrawals into Bangladeshi accounts at the end of February, according to Patel. Individual service exporters working in the IT sector will be introduced to this new service at the BASIS Soft Expo 2012, the largest information and communications technology exposition in Bangladesh. The event, held at the Bangabandhu International Conference Centre, February 22-26, will provide IT professionals in Bangladesh the opportunity to learn more about AlertPay and its services.

    Bangladeshis will be able to take advantage of this new service by signing up for a free AlertPay account at http://www.alertpay.com. This new service will be instrumental in allowing freelance workers to increase their earnings by enabling them to receive payments from across the globe and transfer their funds into their local bank accounts. AlertPay will bolster growth in Bangladesh’s outsourcing market by providing Bangladeshi freelancers with a simple and convenient way to receive payments globally and to transfer funds locally, for the lowest fees ever offered in Bangladesh.

    About AlertPay


    AlertPay is a Montreal, Canada-based online payment platform that specializes in making and accepting secure e-wallet and credit card payments. The company has 8 million members and offers its services in 197 countries and in 22 different currencies. More than 75,000 merchants use AlertPay as a one-stop-shop solution to accepting payments. The Company also offers foreign exchange services, localized banking, fraud prevention, email invoicing, mass and single remittances and business management tools.

    Contact:


    Cohn & Wolfe


    Colin Danby


    514.845-7060 (direct line)


    514.679-1622 (cell phone)

    ###

    Pola Hallquist
    AlertPay
    1-514-748-5774
    Email Information


     

    There are no comments yet

    [ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['Titanic', 7]], 'http://news.yahoo.com/titanic-anniversary/', ' ', 'http://l.yimg.com/a/p/us/news/editorial/b/4e/b4e5ad9f00b5dfeeec2226d53e173569.jpeg', '550', ' ', ' ', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]
    [ [ [['did not go as far his colleague', 8]], '29438204', '0' ], [ [[' the 28-year-old neighborhood watchman who shot and killed', 4]], '28924649', '0' ], [ [['because I know God protects me', 14], ['Brian Snow was at a nearby credit union', 5]], '28811216', '0' ], [ [['The state news agency RIA-Novosti quoted Rosaviatsiya', 6]], '28805461', '0' ], [ [['measure all but certain to fail in the face of bipartisan', 4]], '28771014', '0' ], [ [['matter what you do in this case', 5]], '28759848', '0' ], [ [['presume laws are constitutional', 7]], '28747556', '0' ], [ [['has destroyed 15 to 25 houses', 7]], '28744868', '0' ], [ [['short answer is yes', 7]], '28746030', '0' ], [ [['opportunity to tell the real story', 7]], '28731764', '0' ], [ [['entirely respectable way to put off the searing constitutional controversy', 7]], '28723797', '0' ], [ [['point of my campaign is that big ideas matter', 9]], '28712293', '0' ], [ [['As the standoff dragged into a second day', 7]], '28687424', '0' ], [ [['French police stepped up the search', 17]], '28667224', '0' ], [ [['Seeking to elevate his candidacy back to a general', 8]], '28660934', '0' ], [ [['The tragic story of Trayvon Martin', 4]], '28647343', '0' ], [ [['Karzai will get a chance soon to express', 8]], '28630306', '0' ], [ [['powerful storms stretching', 8]], '28493546', '0' ], [ [['basic norm that death is private', 6]], '28413590', '0' ], [ [['songwriter also saw a surge in sales for her debut album', 6]], '28413590', '1', 'Watch music videos from Whitney Houston ', 'on Yahoo! Music', 'http://music.yahoo.com' ], [ [['keyword', 99999999999999999999999]], 'videoID', '1', 'overwrite-pre-description', 'overwrite-link-string', 'overwrite-link-url' ] ]

    News For You

    Loading...