Upay is a digital payment system owned by United Commercial Bank Limited (UCB), Bangladesh. Upay has been implemented to promote cashless and universal i.e. anytime-anywhere payments using mobile phones in Bangladesh. For the first time ever in Bangladesh, Upay uses the most innovative and reliable technologies like Blockchain and QR or Quick Response Code to secure all financial transactions. Customers can use Upay to make payments for goods/Services from Physical/Online Merchants. S/he can also make consumer, corporate and government payments (e.g. mobile recharge, bill payment, money transfer, ticketing, loan repayment, inward remittance, insurance premium, payment of salaries, social benefits etc.), purchase of digital cheque for gifts and payments, redemption of coupons/vouchers/reward points. In a nutshell customers’ existing mobile device would become the medium of payments. S/he does not need to carry Cash or Card for payments. To summarize the power of convenience that Upay offers to customers, following are some of the main value propositions:

  • Digital Payments. Cashless/card-less transactions using digital devices
  • Mobile Payments. Use of smart mobile phone (both Android and iPhone) for payments
  • Universal Payments. Anytime-anywhere many-in-one payments
  • Direct Debits. Make payments directly debiting accounts or digital wallet or credit card
  • All Payments. All payments involving consumer, corporate and government
  • Innovative and Reliable Technology. Highly secure transactions using Blockchain and QR Code Technology
  • Faster Transaction. No long queues - faster than card transaction
  • Lower Cost of Transaction. No cost to the consumer. Much cheaper for corporates & merchants

To log in Upay, please visit www.upaybd.com



Application Forms

Merchant List

Rahimafrooz Superstores Ltd. (Agora)
Gloria Jeans
Fit Elegance
The Daily Kitchen
AC World Electronics Ltd
Honeymoon Tours & Travels
Pearl Bay Tourism
Signature Catering CR

Registration Process

Application Process of Customer

Schedule of charges

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Interest Rates

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Foreign Ex. Interest Rates

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