The facility will help RMG employees handle their emergency fund
Business Desk: dhakamirror.com
Wagely Bangladesh Ltd (wagely) will give Earned Wage Access (EWA) to garment workers who use bKash’s payroll system.
With this feature, employees can get already-earned income before payday through their bKash account, helping them handle emergency money, according to a press release.
Ali Ahmed, bKash’s chief commercial officer, and Tobias Fischer, wagely’s CEO and co-founder, signed the MoU in front of wagely’s Head of Strategy and Interim Country Amrita Vir, Head of Channel Partnerships Sagir Ahmed Robin, and bKash’s Head of Payroll Business ATM Mahbub Alam.
Wagely’s objective is to establish a complete financial well-being platform for workers by facilitating earned income. Wagely’s solution has helped 1,000,000 people in Bangladesh by lowering worker migration, improving productivity, and increasing company savings.
More than 800 garment companies utilize bKash’s digital payroll solution to pay employees. bKash also creates a sustainable financial ecology for this sector’s employees and workers.
Digital payroll improves workers’ financial management. Together, wagely and bKash will improve Bangladeshi textile workers’ financial health.
