In a circular issued today (Monday), it is stated that the IRF rate has been fixed at zero for Bangla QR-based transactions with a view to expanding digital transactions. As a result, in the case of any Bangla QR transaction, the issuing institution will not receive any fee or service charge from the acquiring institution.
Economy
Bangla QR code transactions free
These decisions will become effective from next 1 October. In this regard, the instruction related to Bangla QR code-based transactions dated 6 February 2025 will remain unchanged except as amended.
Meanwhile, Bangladesh Bank has rescinded the instructions of the circular issued on 1 July regarding determination of fees/charges for transactions conducted through the NPSB and government payments via card schemes.