mobile financial service (MFS)

Inward remittance through MFS hits 5-year high in August

Bangladesh’s migrant workers sent home Tk 1,101.8 crore in remittances through mobile financial service (MFS) providers in August, marking the highest monthly receipts through digital channels in the past five years.

Purchasing 4G, 5G smartphones made easier thru bKash

bKash, the leading mobile financial service (MFS) provider in Bangladesh, has joined hands with Grameenphone and City Bank to make 4G and 5G enabled smartphones more affordable for their clients.

Bancassurance for financial inclusivity

The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.

Nearly 22,000 MFS accounts blocked for hundi, online gambling

The BFIU says in a meeting with commercial bankers

Pension Scheme / MFS service charge set at 0.7% for payment

The mobile financial service providers can charge a maximum of Tk 0.7 for every Tk 100 deposited by the policyholders of the Universal Pension Scheme (UPS) as subscription fees to the pension authority.

bKash returns to profit

It made a profit of Tk 2.37 crore in Q2 of 2023

Monthly mobile top-up thru MFS tops Tk 1,000cr for first time

Customers are increasingly opting for mobile financial services to top up balances, helping mobile carriers earn more than Tk 1,000 crore a month for the first time from the sales processed through MFS providers. 

October 13, 2024
October 13, 2024

Inward remittance through MFS hits 5-year high in August

Bangladesh’s migrant workers sent home Tk 1,101.8 crore in remittances through mobile financial service (MFS) providers in August, marking the highest monthly receipts through digital channels in the past five years.

September 10, 2024
September 10, 2024

Purchasing 4G, 5G smartphones made easier thru bKash

bKash, the leading mobile financial service (MFS) provider in Bangladesh, has joined hands with Grameenphone and City Bank to make 4G and 5G enabled smartphones more affordable for their clients.

December 15, 2023
December 15, 2023

Bancassurance for financial inclusivity

The government's move to approve bancassurance is an opportunity to make insurance more accessible, trustworthy, and understandable.

September 26, 2023
September 26, 2023

Nearly 22,000 MFS accounts blocked for hundi, online gambling

The BFIU says in a meeting with commercial bankers

August 29, 2023
August 29, 2023

MFS service charge set at 0.7% for payment

The mobile financial service providers can charge a maximum of Tk 0.7 for every Tk 100 deposited by the policyholders of the Universal Pension Scheme (UPS) as subscription fees to the pension authority.

July 31, 2023
July 31, 2023

bKash returns to profit

It made a profit of Tk 2.37 crore in Q2 of 2023

July 10, 2023
July 10, 2023

Monthly mobile top-up thru MFS tops Tk 1,000cr for first time

Customers are increasingly opting for mobile financial services to top up balances, helping mobile carriers earn more than Tk 1,000 crore a month for the first time from the sales processed through MFS providers.