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Bangladesh has tons of fraud due to a few reasons. One of these reasons is most of the country is unbanked. If they have bank accounts, the majority of the banks and/or government do not allow for spending outside their borders. Any payment system has to be vetted and approved. The fraud comes from them stealing/buying stolen cards just to access sites or products from what I understand.
All that to say, its a market that is seemingly changing and the people of Bangladesh are being given tools to join the ecommerce landscape in greater numbers.
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