Mobile Financial Services
MFS transactions grow fourfold in five years
People made Tk 4,100 crore MFS transactions in 2023's December
Highest VAT depositor nine firms honoured
Three each from manufacturing, trading and services sectors
Nearly 22,000 MFS accounts blocked for hundi, online gambling
The BFIU says in a meeting with commercial bankers
bKash in Kotler’s marketing book
Two case studies of mobile financial service provider bKash have been featured in a local edition of “Essentials of Modern Marketing”, a marketing book written by professor Dr. Philip Kotler
Fund transfer among MFS distributors to become easy
Mobile financial service providers in Bangladesh would be able to launch an inter-distributor cash management system to facilitate e-money and cash funds transfer during weekends and public holidays.
Nagad Finance gets go-ahead to run as NBFI
The Bangladesh Bank today gave go-ahead to Nagad Finance PLC to form a non-bank financial institution (NBFI).
MFS transactions rise 20% in June
Transactions through mobile financial services rose by 19.89 per cent year-on-year to Tk 94,293 crore in June.
Nagad offers 30% cashback, discount on Eid shopping
Nagad has come up with 30 per cent cashback or discount for purchase through the mobile financial service under a special campaign called “Utshob-er Khushi, Nagad-a Beshi” for the Eid-ul-Azha.
Banks, MFS must go the extra mile to serve flood-hit people
The banks, MFS providers and payment service providers will have to find alternative ways to make their payment systems effective in the flood affected districts, including Sylhet, Sunamganj, Moulvibazar, Habiganj, Kishoreganj, Netrokona, Kurigram and Rangpur.
Tk 100cr refinance scheme for digital nano loans launched
Participating banks will be able to disburse loans of Tk 500 to Tk 50,000 to individual customers with up to 9 per cent interest under the scheme.
No limit now on number of transactions through bKash, Nagad & others
Customers can now do unlimited transactions through mobile financial services (MFSs).
54% garment workers paid through MFS in Feb: Sanem
Around 54 per cent of the garment workers in Bangladesh were paid through mobile financial services in February and the rest through cash, a research finds.
Up to 20% cashback on bKash payment at 10,000 outlets during Ramadan
Leading mobile financial service provider bKash has come up with cashback offers for its customers like the previous years on the occasion of Pahela Baishakh and Eid-ul-Fitr.
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.
