United Commercial Bank has introduced a special digital payment system ‘Upay’ for the subscribers. Resultantly, all the subscribers can now go for payments through mobile phone usage. Managing Director of United Commercial Bank Mr. Abdul Muhaimen inaugurated this digital service on October 17, 2017 at Westin.
Aiming to ensure maximum financial security, transactions through Blockchain and QR Code would be possible for the first time in Bangladesh by availing this Upay service, as the bank officials informed. Blockchain ensures a transparent and reliable transaction system whereas faster and easy payment system is possible through QR Code.
Upay app is currently not available in Apple Play Store. But, Google Play Store has it. UCB has already signed agreements with nine companies to provide the service.