Mobile Financial Services

Mobile Financial Services

Nagad to see change in current board: administrator

CEO post will be abolished, but none will lose job, says Badiuzzaman Dider on first day in office

2m ago

MFS transactions grow fourfold in five years

People made Tk 4,100 crore MFS transactions in 2023's December

8m ago

Highest VAT depositor nine firms honoured

Three each from manufacturing, trading and services sectors

10m ago

Nearly 22,000 MFS accounts blocked for hundi, online gambling

The BFIU says in a meeting with commercial bankers

1y ago

Universal Pension Scheme: MFS service charge set at 0.7%

The Bangladesh Bank says in a circular

1y ago

BB allows Nagad to surrender NBFI licence

Nagad wants to establish a digital bank

1y ago

bKash returns to profit

It made a profit of Tk 2.37 crore in Q2 of 2023

1y ago

bKash wins ‘Fintech Pioneer Award’

The MFS provider was honoured at Bangladesh Startup Summit 2023

1y ago

NBFIs, govt entities can now also extend mobile financial services

Non-bank financial institutions and government entities can now extend mobile financial services (MFS) along with banks, according to a Bangladesh Bank circular released today.

2y ago

Nagad offers up to 50% cashback in February

Leading mobile financial service provider Nagad is offering up to 50 per cent discount and cashback offers in February for purchases at various merchant outlets.

2y ago

bKash wins Best Brand award for third time in a row

Leading mobile financial service provider bKash has won the Best Brand award for the third time in a row that was given depending on the results of a consumer survey conducted by the Bangladesh Brand Forum (BBF).

2y ago

Interoperable digital transaction to begin in January: Palak

The government is set to launch the Interoperable Digital Transaction Platform (IDTP) in January next year, allowing people to move funds effortlessly within the financial sector in real-time and at lower costs, said Zunaid Ahmed Palak, state minister for ICT.

2y ago

Japan's SoftBank to buy 20% stakes of bKash

Japanese multinational conglomerate SoftBank Group Corporation is going to buy 20 per cent stakes of bKash, one the largest mobile financial service providers in Bangladesh.

2y ago

Nagad unblocks all but 8 accounts

Nagad yesterday said it unblocked all but eight accounts, including that of the chief executive officer of digital commerce company Shirajganj Shop, which were alleged to have been involved in a “scam”.

3y ago

New MFS hits market

A new mobile financial service (MFS) provider, Trust Axiata Pay, launched business operations yesterday aiming to promote cashless transactions.

3y ago

tap -- new mobile financial service provider starts operation

Trust Axiata Pay or tap, a new mobile financial service (MFS) provider, today launched its business operation with an aim to promote cashless transaction.

3y ago

bKash gives a boost to income level of poor

The use of bKash, the leading mobile financial service provider in Bangladesh, has given a boost to the income of households, empowered women and reduced the impact of risks during times of uncertainty, according to a study of the Bangladesh Institute of Development Studies (BIDS).

3y ago

Mobile financial services: Strengthen compliance with anti-money laundering, anti-terror financing measures

The novel coronavirus has accelerated the global trend towards a cashless economy. The growth of e-commerce and the ease of contactless payment options amidst the fear of paper money contamination with the virus have further boosted the scope of digital transaction.

3y ago