Dhaka, July 3 -- Online cattle trading through commercial banks and mobile financial services (MFSs) saw a 125.3 per cent rise during this year's Eid-ul-Adha compared to that of last year with a growing number of buyers and traders preferring such hassle and risk-free transactions.

According to insiders, such cashless transactions for sacrificial animals are becoming popular day by day, which indicates a gradual shift towards digital payment systems for this purpose.

According to data of various banks and sources at Bangladesh Bank (BB), digital transactions for sacrificial animals exceeded Tk 2.24 billion during the last Eid-ul-Adha compared to that of Tk 940 million in 2024.

According to bank officials familiar with cattle markets, a...