MFS

Most MFS operators struggle in a booming market

In 2011 when mobile financial service (MFS) was introduced in Bangladesh, 27 banks took the approval from the central bank as many had correctly predicted an impending boom in mobile banking amid rising usage of cell phones. 

MFS transactions hit record Tk 1.25 lakh crore in April

Mobile financial service (MFS) providers recorded Tk 1.25 lakh crore-worth transactions in April, the highest ever so far, buoyed by an increase in spending, payments and money transfers ahead of the Eid-ul-Fitr festival. 

bKash to invest Tk 87 crore in 2023 to improve services

The MFS provider made a profit for the first time in four years

August 8, 2023
August 8, 2023

Most MFS operators struggle in a booming market

In 2011 when mobile financial service (MFS) was introduced in Bangladesh, 27 banks took the approval from the central bank as many had correctly predicted an impending boom in mobile banking amid rising usage of cell phones. 

June 22, 2023
June 22, 2023

MFS transactions hit record Tk 1.25 lakh crore in April

Mobile financial service (MFS) providers recorded Tk 1.25 lakh crore-worth transactions in April, the highest ever so far, buoyed by an increase in spending, payments and money transfers ahead of the Eid-ul-Fitr festival. 

April 18, 2023
April 18, 2023

bKash to invest Tk 87 crore in 2023 to improve services

The MFS provider made a profit for the first time in four years