Most of us have come to expect the first-world comforts of a
computer, a laptop, a smartphone, a tablet or even a smartwatch. In fact, more
than a few of us own several, if not all, of those items. They aren’t just our
phones, they’ve become lifeline. We connect to the world around us through
these new technologies. Yet, not every part of the world has access to such
basic luxuries as an Internet connection. Bangladesh, for instance, struggles
with reliable access to broadband that is stifling innovation.
The Internet age is at its infancy in places like Bangladesh,
and ecommerce is only just beginning to take form. Firoz Patel and the platform
Payza are taking a leading role in shaping the industry’s development in these
economically disadvantaged parts of the world. Payza has been serving the working-class
population of Bangladesh since its formation in 2012, and the company has
brought revolutionary online remittance and payment processing services to more
than 150 million residents who live there.
“We’re interested in many developing markets,” said Firoz
Patel, “people living in these countries have difficulties to overcome that
people in developed nations can’t even imagine. This breeds ingenuity. Coming
from this type of environment helps you develop different ways of looking at
and solving problems. At Payza, we want to give these people every possible
opportunity to participate in the global economy.”
