Dhaka, March 28 -- Integrating digital payments in the microfinance sector can save work hours, enhance productivity, simplify instalment and deposit collection, ensure 24/7 transaction reporting, reduce cash-carrying risk, and increase efficiency of cash management, experts said at a seminar jointly organized by bKash and DataSoft to raise awareness on digital payments.

They also said digital payments will ensure overall efficiency and bring dynamism to the country's microcredit activities.

Representatives from different Microfinance Institutes (MFIs) using Microfin360 solution by DataSoft participated in the seminar arranged at a city hotel where Kamal Quadir, CEO of bKash, M Monjur Mahmud, president of DataSoft Systems, Ali Ahmmed, C...