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Tags : Mobile Financial Services


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MFS used for money laundering, bribery: TIB

The use of the Mobile Financial Services is increasing for money laundering, bribery, online gambling, cryptocurrency transactions and even terror financing and other illegal purposes, a Transparency International Bangladesh study has suggested...

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bKash offers discount, cashback for Eid

Mobile financial services provider bKash is offering discount and cashback offers of up to Tk 6,000 on online and in-store shopping on the occasion of Eid-ul-Azha, said a press release...

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BB raises transaction limits for MFS users

The Bangladesh Bank on Thursday raised transaction limits for mobile financial services such as bKash, Rocket and Nagad, allowing customers to conduct larger transactions and maintain higher account balances...

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Transactions thru MFS increase

The volume of transactions through the mobile financial services increased in September for the second month...

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48,586 MFS accounts suspended for gambling

State minister for finance Wasika Ayesha Khan said that the Bangladesh Financial Intelligence Unit suspended 48,586 personal Mobile Financial Services accounts on charges of involvement in online gambling, betting, and hundi...

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Cashless transactions surge

Cashless payments or digital transactions have seen a significant surge across the country in recent years, thanks to the adoption of various digital payment methods including credit cards, debit cards, and app-based and QR code-based dealings...