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BGMEA launches digital wallet for RMG workers

FE Report | Published: August 06, 2019 12:25:04 | Updated: August 07, 2019 17:35:23


Representational image (Collected)

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) on Monday launched its pilot programme of wage payment to the garment workers of its member factories digitally.

Under the pilot programme, a total of 150 readymade garment (RMG) workers of three garment factories registered with the trade body have paid festival allowance, according to a statement.

Earlier on June 27, BGMEA and Information and Communication Technology (ICT) Division of the Ministry of Posts, Telecommunications and Information Technology signed a memorandum of understanding to introduce the digital wage payment system ‘e-wallet’ for the sector.

The digital wallet is a vendor-neutral platform for wage digitisation and wage transactions, the statement said adding no specific mobile financial service platform are lonely involved with the system.

Workers are trained on how to open accounts through mobile apps and its use, it said adding workers will be able to transfer their wages to their other accounts or can cash out through bkash, rocket and nagad.

The digital wage system will ensure financial security for the workers while saving their money and they can make online purchases through the wallet.

The e-wallet will help develop workers' credit profile and they can easily get loan from banks, it added.

On the other hand, it will save time of factories while they can avoid difficulties that might arise from cash payment.

munni_fe@yahoo.com

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