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PayPal, the global digital payments platform, may support transactions related to SpaceX's upcoming satellite operations in Bangladesh, according to a press release from the Chief Adviser's Press Wing. The development came as Lauren Dreyer, vice president for Global Engagement at SpaceX, met with Bangladesh's Chief Adviser Professor Muhammad Yunus on the sidelines of the Earthna Summit in Doha, Qatar. The two discussed the final stages of the SpaceX-Bangladesh collaboration.
Dreyer, who has worked closely with Elon Musk for nearly two decades, expressed optimism about the partnership. "We're very close to the finish line. I've asked my team to be fully ready for a technical launch by May," she said.
Chief Adviser Yunus conveyed the nation's enthusiasm. "It's big news in Bangladesh. People are counting down the days," he told Dreyer.
"And when the time comes, it has to be a big celebration." The collaboration is expected to begin with a technical rollout, followed by full deployment once a few remaining issues are resolved. The statement also mentioned the potential integration of PayPal into the digital payments ecosystem supporting SpaceX's operations in Bangladesh.
The absence of PayPal in the country has long hindered freelancers, entrepreneurs, and e-commerce businesses from receiving international payments efficiently. It limits access to global markets, delays transactions, and increases dependence on costly, less efficient alternatives, posing a barrier to digital growth and global integration. PayPal, the global digital payments platform, may support transactions related to SpaceX's upcoming satellite operations in Bangladesh, according to a press release from the Chief Adviser's Press Wing.
The development came as Lauren Dreyer, vice president for Global Engagement at SpaceX, met with Bangladesh's Chief Adviser Professor Muhammad Yunus on the sidelines of the Earthna Summit in Doha, Qatar. The two discussed the final stages of the SpaceX-Bangladesh collaboration. Dreyer, who has worked closely with Elon Musk for nearly two decades, expressed optimism about the partnership.
"We're very close to the finish line. I've asked my team to be fully ready for a technical launch by May," she said. Chief Adviser Yunus conveyed the nation's enthusiasm.
"It's big news in Bangladesh. People are counting down the days," he told Dreyer. "And when the time comes, it has to be a big celebration.
" The collaboration is expected to begin with a technical rollout, followed by full deployment once a few remaining issues are resolved. The statement also mentioned the potential integration of PayPal into the digital payments ecosystem supporting SpaceX's operations in Bangladesh. The absence of PayPal in the country has long hindered freelancers, entrepreneurs, and e-commerce businesses from receiving international payments efficiently.
It limits access to global markets, delays transactions, and increases dependence on costly, less efficient alternatives, posing a barrier to digital growth and global integration..
