Bangladesh can save more than 9,000 crore taka every year by moving towards digital transaction

Cash doesn’t last long, so central bank needs to reprint again and again. Destroying old bank notes and printing new banks notes are a costly process. Moreover securing and carrying cash with volts and armored vehicles are another costly, cumbersome and time consuming process. At present only 2.6 percent salaries are disbursed through digital platforms. […]