Under the partnership, Mukto Pay will use Huawei’s mobile financial services platform to enable secure, high-volume, real-time digital transactions. The platform will support instant cashless payments and transfers with high reliability, scalability, and bank-grade security.
The name “Mukto”, meaning “liberation”, reflects Banglalink’s vision of making financial services more accessible to all and reflects its role in expanding mobile connectivity across Bangladesh.
The initiative aims to support the country’s growing digital economy, as well as improve financial access for unbanked and underbanked communities. It also reflects Banglalink’s transformation from a telecommunications provider to a comprehensive digital operator integrating digital platforms and connectivity with financial services.