
GS Managing Director Nurjahan Begum, COO Sohel Ahmed and CFO Abdus Sattar, and SureCash CEO Dr Shahadat Khan, CBO Md Abu Taleb and VP Md Faruk Hosen attended the signing ceremony.
Under the MoU, 1.6 million GS customers living across the country's remote areas will use mobile-phone based SureCash automated payment platform to pay the installments for its Solar Home Systems.
Sure Cash is a complete mobile banking and payment platform, currently operating in agreement with 6 banks in Bangladesh.
Using this platform, a customer can send money all over the country, can make various payments such as education fees, utility bills, and online purchases, recharge mobile balance and receive personal remittance using own phone.
Customers may open mobile banking account or deposit/withdraw cash at any of the 35,000 SureCash retail agents distributed around the country.
Grameen Shakti is one of the largest renewable energy companies in the world, operating in Bangladesh.
With 1050 branches, GS provides Solar Home Systems, Biogas Plants and Improved Cooking Stoves to the rural poor people around the country.
More than 1.6 million people are now using environment-friendly solar electricity through GS, which is an outstanding success globally.