
Thanks to the myriad of challenges faced by the e-commerce sector in Bangladesh, its transactions fell drastically from 29 per cent in May to 7 per cent in June.
Media reports maintained this citing data from Bangladesh’s central bank, Bangladesh Bank — as per the e-Banking and e-Commerce Statistics Unit, the total transactions through ATM, POS, customer relationship management (CRM) and e-commerce decreased by 557 crore to 23,988 crore from 24,545 crore in May — even as the number of transactions increased to 24,81,942 in June in contrast to 24,76,194 in May, point-of-sale (POS) transactions rising to 85 crore over the previous month, while ATM transactions too dropped in June, the data underlined.
It may be mentioned here that Bangladesh e-commerce sector has been in news lately after the Bangladesh Bank, reportedly, raised an alarm about high transaction value through unregulated e-commerce sites, even as it also sent a report to the Commerce Ministry, adding there were no assets against advance payments collected from the consumers even if a few renowned e-commerce entities have allegedly been accumulating huge amounts of money by luring online shoppers with high discounts, which has made the central bank worried.






