CAMEO+ eventECONOMIC2026-04-02馃嚙馃嚛

Bangladesh Bank orders banks and MFS to adopt Bangla QR by June or face penalties

source: Bangladesh Bank -> target: banks, mobile financial service providers, payment service providers, and payment system operators

On 2026-04-02, Bangladesh Bank ordered banks, MFS providers, PSPs, and PSOs to replace proprietary merchant QR codes with the central bank's interoperable Bangla QR platform by June 30 or face penalties of up to Tk 30 lakh. The circular warned of enforcement under the Payment and Settlement Services Act 2024 and other applicable laws.

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