Recursion FinTech launches Cashbaba

Staff Correspondent

31 March, 2021 12:00 AM printer

Recursion FinTech launches Cashbaba

Recursion FinTech Limited has launched Cashbaba as the new and most innovative FinTech service at an event recently. 

Recursion FinTech Limited Chairman Akiqur Rahman Choudhury gave the welcome speech at the event, said a press release.

CashBaba offers a wide range of features such as cash in from any bank account through debit card at zero cost, mobile top up for all operators, send money at zero cost, lower fees and higher transaction limit, payment received through QR Code and NFC, promoter model for individual earnings on acquisitions

The company has received the Payment Service Provider license on March 24, 2020 and has completed all regulatory requirements as per the guideline of Bangladesh Bank.

Recursion has developed the e-wallet, payment gateway, payment switch, CMS certified and incorporated with card schemes.

Recursion has achieved PCI-DSS, ISO, and EMVco compliance.

Company's Managing Director Mohammad Arif Hossain and Director and CMO Mohammed Shahed Ullah Shahed along with Recursion’s management team and employees, among others, were also present in the ceremony.