Delivery Tiger gets courier service licence

Star Business Report

Delivery  Tiger recently received a courier service licence as it looks to run  its e-commerce delivery business and collect the funds for  cash-on-delivery.

Md Mohiuddin, chairman of the Mailing Operator  and Courier Services Licensing Authority, handed over the documents of  the licence to AKM Fahim Mashroor, chief executive officer of the  courier service and parcel delivery platform, at the former's office in  Dhaka.

"There are so many unauthorised courier services having  mushroomed in recent times in the country and it raises risks of  fraudulence in the sector," said Mohiuddin.

"So, we are now trying  to streamline it and take measures so that the unauthorised courier  service providers come under a legal framework," he said. He said the authority does not want to create any obstacle in the sector as it was flourishing with the success of e-commerce.

"But, the regulation will only be to ensure transparency and help the sector grow further," he added. Online e-commerce business is booming in the country but there are allegations that customers are not getting products on time.

At  the same time, there are also allegations against some courier  companies that they do not deposit the cash to merchants at the right  time after collecting it from the customers.

Mashroor said cash-on-delivery for e-commerce has increased a lot after widespread scams that marred the sector.

"So, a licence for courier service and collection of cash for e-commerce delivery will help us to expand our service," he said. The licence is expected to protect customers and sellers from any risk of fraudulence, he added.