Dhaka, March 2 -- Standard Chartered Bangladesh recently inked an agreement with Mokam, one of ShopUp's subsidiary platforms, to automate payment processes via Application Programming Interface (API) integration. This real-time digital payment solution has been termed move money payment API, reads a press release.
Standard Chartered Bangladesh is helping ShopUp and Mokam to simplify working capital management and reconciliation processes - which ensures quick product sourcing and eventually, quick selling.
By implementing the Move Money Payment API connectivity between Standard Chartered Bangladesh and Mokam, the Bank has provided Mokam - and by extension, ShopUp, with a secure, transparent, and fast payment flow.
Enabling payment proces...