Mobile Financial Services (MFS)

June 20, 2022
June 20, 2022

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.

February 10, 2021
February 10, 2021

IT freelancers can now bring in remittance through mobile financial service

Bangladesh Bank today allowed mobile financial service (MFS) providers to bring remittance in order to facilitate freelance workers.

January 18, 2021
January 18, 2021

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.

November 5, 2020
November 5, 2020

Nagad brings down cash-out charge to Tk 9.99 per Tk 1,000

Nagad, the mobile financial arm of the Postal Department, today has brought down the cash-out charge to Tk 9.99 per Tk 1,000 -- the lowest rate ever in the country's mobile financial service segment.

November 23, 2015
November 23, 2015

BUILDING ON WHAT WORKS BETTER

Bangladesh, with the support and vision of the Bangladesh Bank, has seen remarkable progress in Mobile Financial Services (MFS) in recent years.