National Payment Switch Bangladesh (NPSB)

The National Payment Switch Bangladesh (NPSB) is a centralized digital platform that connects banks and financial institutions in Bangladesh, enabling seamless electronic transactions across different banks. It allows people to easily transfer funds, withdraw cash, and pay bills using their bank accounts at any participating bank or ATM, regardless of their bank's brand. NPSB improves the efficiency, security, and accessibility of digital payments, promoting financial inclusion and reducing reliance on cash transactions. Essentially, it acts as a network that links various banking systems to facilitate quick and reliable financial exchanges throughout the country.