4:42 pm - Saturday January 18, 5800

Banks to issue ‘Virtual Card’ to Apps developers  

Individual Apps developers will now be able to go for the billion dollar international mobile application marketplaces of mobile application like Google, Windows and Blackberry with their products, as the Bangladesh Bank allowed online payment of fees, reports BSS.

In a circular Tuesday the BB allowed the International Credit Card (ICC) issuing banks to issue ‘Virtual Card’ to individual developers of mobile Apps and Games for online payment of different fees.

“Certainly, it would create a big opportunity for our Apps developers who will now be able to use Apps stores of reputed online or mobile application marketplace for their products. . . ICT division had long been persuading the authorities concerned to it,” said ICT Secretary Md Nazrul Islam Khan.

Google-Plus-Facebook-Twitter1He said there were are over 15,000 Apps developers in the country and many of them were waiting with their developed Apps to go to reputed online or mobile application marketplaces like Google, Windows and Blackberry for international buyers.

But, as there was no legal channel to pay fees to Google, Windows and Blackberry etc, for registration, they were failing to display their products at the internal marketplace for international buyers, he added.

According to the ICT Division of the Ministry for Posts, Telecom and Communication Technology, the government has been training up Apps developers side by side with the private sector.

In its circular, the Bangladesh Bank said the ICC issuing banks might issue ‘Virtual Card’ to individual mobile Apps and Games developers or freelancers having acknowledgements/training/bootcamps/hackathons/course participation certificates on mobile application development arranged by the government, BASIS, or its member organisation and any other recognised training/academic institutions for online payment of fees.

The fees include: a) registration/license fees to reputed online or mobile application marketplace like Google, iTunes, Firefox, Windows, Blackberry etc.; b) any associated license fees such as game engine or other software license for mobile application or game development; c) online training fees for programmes such as vendor certification examination etc. and d) any domain registration/ renewal, hosting/cloud solutions within the scope of mobile/game application development.

The release of foreign exchange for these purposes should not exceed US$ 300 or equivalent to it in a calendar year.

“Virtual Card Transactions” will have to be reported to the Bangladesh Bank in accordance with its instructions.