Google's digital service Google Wallet, commonly known as Google Pay, has officially launched in Bangladesh. In collaboration with Google, Mastercard, and Visa, City Bank PLC has introduced this digital transaction service. From now on, City Bank customers can link their Mastercard or Visa cards to Google Wallet and make fast, secure, and contactless payments using Google Pay.
The official launch event took place on Tuesday (June 24) at The Westin Dhaka. The event’s chief guest was Bangladesh Bank Governor Ahsan H. Mansur, while Tracy Ann Jacobson, Chargé d’Affaires at the U.S. Embassy, and Hossain Khaled, Vice Chairman of City Bank, attended as special guests.
Also present were Masrur Arefin, Managing Director (MD) and CEO of City Bank; Shammi Quddus, Group Product Manager of Google Payments; Syed Mohammad Kamal, Country Manager of Mastercard Bangladesh; Sabbir Ahmed, Country Manager of Visa Bangladesh; and senior officials from various organizations.
Bangladesh Bank Governor Ahsan H. Mansur said: “We are continuously supporting the digitalization of financial services. Digital transactions ensure transparency, and they also contribute to financial inclusion and building a cashless society.”
It was announced at the event that with this service, customers can now make easy and hassle-free transactions both locally and internationally at NFC-enabled POS terminals simply by tapping their Android phones.
Google Pay uses advanced encryption technology to ensure the security of customer information. This means a smartphone effectively becomes a digital wallet, eliminating the need to carry physical cards. Everything from air travel and shopping to movie tickets can now be managed through a mobile phone.
Masrur Arefin stated: “We have now joined the ranks of countries capable of conducting truly digital financial transactions. It’s time to remove cards from wallets and embrace Google Pay—not just for local but also for global transactions. This opens up new possibilities for Bangladeshis and will play a significant role in enhancing financial inclusion.”
The City Bank MD also added: “Our export earnings and remittances are increasing. Several initiatives are underway to strengthen the financial sector, including the merger of five banks to form a stronger financial institution.”
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