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
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
Universal Pension Scheme: MFS service charge set at 0.7%
The Bangladesh Bank says in a circular
bKash wins ‘Fintech Pioneer Award’
The MFS provider was honoured at Bangladesh Startup Summit 2023
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.
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.
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).
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.
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.
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”.
New MFS hits market
A new mobile financial service (MFS) provider, Trust Axiata Pay, launched business operations yesterday aiming to promote cashless transactions.
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.
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).
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.