Nagad records highest-ever monthly transactions in March 2025
Nagad, the digital financial arm of the Bangladesh Postal Department, recorded its highest-ever monthly transactions in March 2025, reaching a staggering BDT 34,000 crore. On this occasion, the Nagad authorities extended heartfelt greetings to their vast community of several crore registered users.
Within just six years of operation, Nagad has emerged as a frontrunner in the country's mobile financial services sector. Both its customer base and transaction volumes have seen consistent and remarkable growth. The latest milestone surpasses Nagad's previous record of BDT 32,000 crore set in June 2024.
The transactions in March were primarily driven by cash-in, cash-out, send money, merchant payments, and mobile recharge services. A significant contributor to this achievement was Nagad's "Utsober Khushi Nagade Beshi" campaign, which ran throughout the month. The initiative, offering hourly gift rewards for Nagad payments, received a resounding response, adding momentum to the record-breaking performance.
Keep updated, follow The Business Standard's Google news channel
Congratulating all stakeholders, Nagad Administrator Md Motasem Billah said, "Success never comes by chance. It is the result of collective hard work and effort. Moreover, when everyone works with the same goal and shared values, striving for excellence becomes much easier."
He noted that as the digital financial wing of the Bangladesh Postal Department, Nagad continues to enhance its services with a focus on security and reliability—giving users greater confidence in the platform.
Notably, Nagad also saw its highest single-day transaction in March, amounting to BDT 1,500 crore on the 20th. Earlier this year, on 9 January, Nagad crossed the BDT 2,000 crore mark in daily transactions for the first time.
With continuous innovation and customer-centric services, Nagad is playing an instrumental role in propelling the nation's digital financial ecosystem forward. Even now, a large number of new customers are joining Nagad daily through its mobile app, reinforcing its place as a trusted name in digital finance.
