Mobile Financial Services (MFS)
Banking the last mile through savings groups
In Bangladesh, savings groups have been uplifting thousands of women from poverty.
Nagad Finance inches closer to running MFS operation
The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services.
What's so wrong with hundi?
The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.
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.
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.
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.
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.
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.
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.
Banking the last mile through savings groups
In Bangladesh, savings groups have been uplifting thousands of women from poverty.
Nagad Finance inches closer to running MFS operation
The Bangladesh Bank yesterday decided in principle to allow Nagad Finance PLC, a proposed non-bank financial institution (NBFI), to run mobile financial services.
What's so wrong with hundi?
The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.
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.
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.
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.
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.
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.
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.