Mobile Financial Services (MFS) serve as a transformative catalyst, empowering women, particularly those in rural areas, to actively engage in financial activities.
In the hustle and bustle of my life as a university student juggling academics with a part-time job, one ordinary day took an unexpected turn.
A transformative shift emerged over a decade since the inception of Mobile Financial Services (MFS) in Bangladesh, initially confined to fund transfers.
The mobile financial services (MFS) are growing faster in Bangladesh than its global low- and middle-income counterparts, driven by people’s widespread adoption of handset-based solutions in the absence of their active participation in traditional banking channels.
In recent years, Bangladesh has seen tremendous growth in digitalization, which is gradually changing the shape of the country’s socioeconomic parameters and propelling it into the digital age.
