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Tags : mobile financial service


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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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Govt to form independent board to run Nagad

The interim government on Sunday decided to form an independent board to run mobile financial service provider Nagad following mounting concerns over alleged irregularities, unauthorised control and institutional overreach in the MFS provider, officials said.

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Nagad daily transaction reaches Tk 100cr

Daily transactions of Nagad, a leading mobile financial service provider in Bangladesh, have increased by around Tk 100 crore on average, following the Postal Department taking on the responsibility to oversee its operations...

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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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bKash wins 12 digital marketing awards

Mobile financial service provider bKash has won 12 accolades at the ‘Digital Marketing Award-2024,’ said a press release...

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Nagad being developed for future

The administrator appointed by the Bangladesh Bank and his team are working to make Nagad, mobile financial service of the Bangladesh Postal Department, suitable for the future of Bangladesh, said a press release...

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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...