Card-based e-commerce transaction hits Tk 5.87b

Dhaka,  Tue,  25 July 2017
Published : 11 Jul 2017, 10:12:04 | Updated : 11 Jul 2017, 10:13:02
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Card-based e-commerce transaction hits Tk 5.87 billion

FE Online Report
Transaction in electronic commerce or e-commerce, based on debit and credit cards, stood at Tk 5.87 billion in July-April period of the last fiscal year (FY17).

Statistics available with Bangladesh Bank also showed that total value of e-commerce transaction in the previous fiscal year (FY16) was Tk 3.82 billion.

As a result, e-commerce transaction in 10 months of FY17 has crossed the annual transaction of FY16 by a wider margin.

Credit card dominates the e-commerce transaction in the country.

E-commerce transaction worth Tk 4.37 billion was made through the local and international credit card.

- AK
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