This collaboration integrates RentX’s secure digital platform with MTB’s established banking infrastructure to deliver a streamlined rent payment solution. Tenants can now pay rent fully digital, cashless payments, eliminating the need for cash or checks. They will also earn reward points with every transaction, redeemable at participating merchants, adding tangible value to the service. Property owners benefit from timely, secure deposits, reducing delays and administrative burdens. MTB’s advanced security protocols ensure the confidentiality and safety of all transactions.

The signing ceremony was attended by key leaders from both organizations. Representing RentX were CEO Mushtaq Taher and Directors Abu Taher and Shahed Rahman. Speaking at the event, Mr. Mushtaq Taher remarked, “This partnership with MTB is a transformative milestone for RentX. Our vision is to set a new benchmark for digital rent payment systems in Bangladesh, making the process more efficient, secure, and rewarding for all stakeholders.”

From MTB, Chief Digital Officer Khalid Hossin emphasized the bank’s commitment to delivering innovative, customer-centric digital solutions. Other notable contributors from Mutual Trust Bank PLC. included Muhammad Shams-ul-Arifin, Rajib Sen, Mohammad Imtiaz Khan, Md. Jahangir Kaiser, Fateha Akter, and Raisha Samiya Haque, whose expertise was instrumental in bringing this initiative to fruition.

The event highlighted the platform’s secure, real-time payment capabilities and a robust rewards program, underscoring the shared commitment of both organizations to enhancing user experience and operational efficiency. RentX and MTB reaffirmed their dedication to ongoing collaboration, with plans to introduce additional features and value-added services in the near future.

This partnership sets a new standard for digital rent payment platforms in Bangladesh, delivering unparalleled efficiency, security, and tangible benefits for tenants and property owners alike.

RentX Announces Partnership with Mutual Trust Bank PLC. for Enhanced Rent Payment Solutions

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