Dhaka, Aug. 28 -- A cashless economy should not evolve into an "incomeless economy," but rather serve as a catalyst to create opportunities for those outside formal employment, said Debapriya Bhattacharya, distinguished fellow of the Centre for Policy Dialogue (CPD).

He made the remarks while delivering the keynote address at the Cashless Bangladesh Summit 2025, jointly organised by the Institute of Cost and Management Accountants of Bangladesh (ICMAB) and Mastercard at the Sonargaon Hotel on Wednesday.

Bhattacharya stressed the importance of a system-wide, integrated approach to digital transformation that addresses both technological and social barriers.

He proposed policy measures such as tax rebates, Merchant Discount Rate (MDR) wa...