Banks must show spending on Bangla QR campaign in CSR accounts
26 March 2023
Business Desk :
The Bangladesh Bank has permitted banks to show their expenses related to promotion of Bangla QR in the corporate social responsibility (CSR) accounts to facilitate cashless transactions in the country.
The expenses include merchant discount rate (MDR) and interbank reimbursement fee-related charges at a rate fixed by the central bank for all payments through the QR, according to a circular issued on Thursday.
Other allowable expenses are publication and promotion of the QR, activities under cashless Bangladesh campaign and overall payments and infrastructure of the digital transactions in the cattle markets during the upcoming Eid-ul-Azha.
