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| Akhoni.com accepting payment through bKash |
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| February 2, 2012 |
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| Dhaka, Bangladesh |
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Akhoni.com is an online marketplace featuring a wide range of discount deals. You can now purchase coupons from akhoni.com and pay instantly from your mobile through bKash.
All you need to do is- send your desired coupon’s amount from your bKash Account to akhoni.com’s bKash Account, you will receive the coupon through an SMS. Show the SMS at the Akhoni.com designated merchant outlets to enjoy discounts up to 90% on popular businesses like internet services, restaurants, hotels, transports, beauty parlors & salons, fashion houses, theme parks, gymnasiums, furniture shops, sports and recreation centers, etc.
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| "bKash Payment services" start at Agora, Barista, Nando's and Hallmark |
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| February 1, 2012 |
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| Dhaka, Bangladesh |
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Customers of Agora, Barista, Nando's and Hallmark can now enhance their shopping experience with the added facility of making payments through bKash. bKash “Payment” services will ensure that customers can avail of the fast and convenient mode of paying their bills when shopping or eating at these outlets.
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Even if a customer is out of cash, s/he can access his/her bKash account to make payments without cash. In case of emergency or impulse purchases, someone else can even bKash the amount to the customer or directly to these outlets for payment.
If you don't have a bKash account yet, register now on your Robi or Grameenphone number at any bKash Agent.
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bKash Payments are now accepted at the following outlets:
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| Outlet |
bKash Account Number |
| Agora |
| Gulshan-2 |
0182 307 4908 |
| Uttara |
0182 307 4911 |
| Dhanmondi |
0182 307 4907 |
| Shantinagar |
0182 307 4910 |
| Elephant Road |
0182 307 4909 |
| Nando's |
| Dhanmondi |
0184 111 3322 |
| Gulshan |
0184 199 6644 |
| Barista |
| Uttara |
0183 336 2169 |
| Gulshan-1 |
0183 336 2176 |
| Karwan Bazar |
0183 336 2178 |
| Hallmark |
| Gulshan-2 |
0183 487 7060 |
| Dhanmondi |
0183 487 7061 |
| Shantinagar |
0183 487 7062 |
| Ramna |
0183 487 7063 |
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| bKash mobile financial services launched on Grameenphone network |
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| January 18, 2012 |
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| Dhaka, Bangladesh |
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Grameenphone Ltd. and bKash jointly launched bKash mobile financial services for Grameenphone customers on January 18, 2012 at the Westin Dhaka.
This service launch will enable a Grameenphone customer with a registered bKash account to access and avail bKash mobile financial services from their mobile handset, from anywhere in Bangladesh.
Dr. Atiur Rahman, Governor, Bangladesh Bank formally launched the service in presence of Secretary, MOPT and Chairman BTRC, senior management team members of BRAC Bank, bKash and Grameenphone Ltd.
This arrangement will enable bKash to offer their mobile financial services to active GP customers to register and execute financial transaction services like money transfer and payments via customer mobile handsets.
Standard bKash fees/tariffs will be applicable for the services from customers' bKash accounts. Details on the tariffs can be viewed at http://www.bkash.com/Tariff.php.
bKash, a majority owned subsidiary of BRAC Bank Ltd., is licensed by the Bangladesh Bank as a Payment System Operator (PSO) and operates a mobile money platform allowing the people of Bangladesh to safely store, transfer, and receive money.
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| bKash at DITF 2012 |
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| Dhaka, Bangladesh |
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bKash is participating at the 17th Dhaka International Trade Fair 2012 in stall #83. Visitors are invited to explore and experience bKash for themselves using the unique human size mobiles.
Registration for bKash Account at the stall is free, and what's more, each new registrant will receive a t-shirt free with a minimum cash-in of BDT 100, so remember to bring your National ID with you!
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| 150th Birth Anniversary of Rabindranath Tagore: bKash celebrates with Shurer Dhara |
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| December 2011 |
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| Dhaka, Bangladesh |
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Shurer Dhara, a music school founded by Rezwana Choudhury Bannya organized a three-day festival on the occasion of the 150th birth anniversary of Rabindranath Tagore. The festival was held at the Bangabandhu International Conference Centre, Dhaka from December 29 to 31, 2011.
As a commitment to preservation and spread of the arts and culture of Bangladesh, this was a unique and exclusive opportunity for bKash to showcase and support the best of Bangla arts and literature. Alongside other organizations, bKash and BRAC Bank jointly participated to celebrate this great occasion with special sponsorship for Musical Evenings on 29th and 30th December.
Sheikh Hasina, Honorable Prime Minister of the People's Republic of Bangladesh inaugurated the festival. Nobel Laureate Professor Amartya Sen launched the DVD-album, Shruti Geetabitan, which comprises all the songs of Tagore and rendered by artists from Bangladesh.
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| Payment through bKash to Start Soon at Agora Outlets |
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| December 29, 2011 |
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| Dhaka, Bangladesh |
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A Merchant Agreement between Rahimafrooz Superstores (RSL) and bKash Limited was signed recently. Under the Agreement, bKash payment facilities will be available at Agora outlets. Niaz Rahim, Managing Director of RSL and Kamal Quadir, CEO of bKash signed the Agreement on behalf of their respective organizations at RSL's corporate office in Mohakhali.
RSL launched Agora, the first ever retail chain store in Bangladesh in 2001 and currently has nine outlets in Dhaka and one in Chittagong. RSL plans to expand the retail network to more outlets in Dhaka as well as other major cities of Bangladesh. These outlets provide customers with a valuable shopping experience guaranteeing high satisfaction in quality and convenience.
Agora now comes together with bKash with a state-of-the-art payment platform that allows transactions via mobile phones, such that customers will not need cash or credit cards for payment at Agora points of sales. Also, in case of emergency or fund shortage, customers in the store can instantly receive money from other bKash holders at other locations. The bKash service will thus provide more convenience and ease to Agora customers.
bKash Limited, a subsidiary of BRAC Bank offers mobile financial services to the banked and unbanked people of Bangladesh aiming to provide them with the ultimate time-saving, user-friendly and secure solutions for financial operations via mobile phones. Currently, bKash has over 60,000 registered users and 3000 agents nationwide.
On the occasion, bKash CEO said, “We are delighted to be signing this agreement with RSL, as it paves the way for a revolutionary mode of consumer transactions. It is the first agreement of its kind in Bangladesh whereby a partner merchant is accepting mobile payments from customers. We are grateful to Agora for embracing the new technology which has immense possibilities for similar applications nationwide. At bKash we are committed to enhancing the shopping experience at Agora by bringing a new, easy and secure mode of payment.”
Shams Haider, General Manager of RSL, Syed Mahbubur Rahman, Managing Director of BRAC Bank, and bKash's Head of Business Development Adel Ahmed and Head of Business Solutions and Operations Mohammad Azmal Huda were also present at the Agreement signing.
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| bKash at e-ASiA 2011 |
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| December 2011 |
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| Dhaka, Bangladesh |
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bKash participated in e-Asia 2011, Asia's biggest ICT fair held from December 1 to 3, 2011 at BICC, Dhaka. Along with 150 other organizations, bKash Limited exhibited their services at the 3-day mega event.
bKash offered a free t-shirt with every registration. The response of the guests attending the fair was remarkable and they thronged the stall to register immediately for bKash account and to learn more about it.
The event was organized jointly by Bangladesh Computer Council and ICT division of the Ministry of Science and ICT, India's Centre for Science, Development and Media Studies, and Access to Information (A2I) Program of Prime Minister's Office of Bangladesh.
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| Bangladesh Institute of Management and bKash Signed Merchant Agreement |
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| November 13, 2011 |
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| Dhaka, Bangladesh |
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An agreement was signed between bKash Limited and Bangladesh Institute of Management (BIM). Senior Management Counselor of BIM, Mr. S. M. Ariful Islam and Head of Business Solutions and Operations of bKash, Mohammad Azmal Huda signed the agreement at BIM's Dhanmondi branch. As per the agreement, students of BIM will be able to pay their application fees, admission fees, tuition fees, etc. via bKash in three campuses in Bangladesh.
BIM is a state run institute established in 1960. Since then, it has grown and developed today to have four campuses in Dhaka, Chittagong and Khulna. BIM offers a wide range of postgraduate diploma courses.
Head of Business Development of bKash, Adel Ahmed and Head of Marketing, Sania Mahmood were also present at the Agreement signing.
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| bKash Signs Merchant Agreement with Nando's and Barista |
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| December 8, 2011 |
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| Dhaka, Bangladesh |
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MGH Restaurants Private Limited (MRPL) and bKash Limited signed an Agreement recently (November 30, 2011), which will allow customers of Nando's and Barista Café to make payments using bKash. Kamal Quadir, Chief Executive Officer of bKash and Mr. Ahmed Abu Insaf, Executive Director and Chief Operating Officer of MRPL, signed the Agreement on behalf of their organizations at Nando's Restaurant in Gulshan.
This Agreement will facilitate the new and innovative system of payment through mobile phones using bKash wallets that reside electronically in customers' phones, without the use of cash or credit card. The bKash payment system is simple, safe and swift.
Currently, there are three outlets of Barista Lavazza cafe and two of Nando's Peri Peri Chicken Restaurant in Dhaka where customers can avail this facility of making mobile payments. All upcoming Nando's and Barista Lavazza outlets will also have the same facility.
bKash Limited, a subsidiary of BRAC Bank is offering mobile financial services to the banked and unbanked people of Bangladesh. It provides them with the ultimate time-saving, user-friendly and secure solutions for financial operations via their mobile phones in even the deepest rural or hard-to-reach areas. A customer can register for a bKash account at any authorized Agent by filling in a simple form with necessary documents. She can then “cash in” her desired amount into her bKash account as electronic money at the Agent point. She can now transact using her wallet to send money across the country or make payments at any outlet which accepts bKash. Currently, bKash has over 40,000 registered users and 3000 agents across Bangladesh.
Also present at the Agreement signing were Syed Rumman Ali and Mr. Mohith-ul-Bari of MRPL. Mobasher Ur Rahman, Head of Institutional Development, Adel Ahmed, Head of business Development, Mohammad Azmal Huda, Head of Business Solutions and Operations, Sania Mahmood, Head of Marketing and Md. Mahedi Hasan, Head of Finance and Company Secretary from bKash were also present.
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| Bangladesh's first complete mobile financial service - bKash has been launched |
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| July 21, 2011 |
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| Dhaka, Bangladesh |
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Bangladesh's first complete mobile financial service provider, bKash Limited, a BRAC Bank subsidiary, launched its operation today, July 21, 2011. Bangladesh Bank Governor Dr. Atiur Rahman inaugurated the service in Dhaka. The Governor marked the occasion as a milestone event not only for the advancement of Bangladesh but also to celebrate a true partnership between banking and telecom industries.
bKash is designed to provide financial services via mobile phones to both the unbanked and the banked people of Bangladesh. The overall bKash value proposition is simple: a safe, convenient place to store money; a safe, easy way to make payments and money transfers.
The bKash mobile wallet, a VISA technology platform which is fully encrypted to ensure most secure transactions, will be the customer account into which money can be deposited and out of which money can be withdrawn or used for various services. Customers will be able to receive electronic money into their bKash accounts through salary, loan, domestic remittance, and other disbursements and eventually will cash out the electronic money at any of the hundreds of cash out agents which bKash assigns.
In February 2011, mobile operator Robi Axiata Limited signed a partnership agreement with bKash to provide access to its services for Robi subscribers and extend the distribution of the service. bKash's other distribution partner is BRAC which provides a local presence to offer the bKash service at the vicinity of the beneficiaries. Sir Fazle Hasan Abed, Founder and Chairperson of BRAC, mentioned "bKash provides a wonderful opportunity for millions of unbanked people who owns a cell phone to have a bank account where they will be able to deposit, payout and transfer funds as they wish safely and securely.”
bKash has already selected over 500 agents and adding hundreds of new agents to its network every month. In addition, bKash has signed an MOU with Local Government Division (LGD) and Access to Information Programme (A2I) to use their 4501 Union Information & Service Centers to make financial services accessible to grass root people.
Inaugurating the service, Bangladesh Bank Governor Dr. Atiur Rahman said, "People can deposit money, withdraw money and use money in many purposes through bKash. It will increase money flow to rural part of the country. It will facilitate propensity of saving among people. I have requested concerned regulators to ensure interoperability among mobile companies to make the service available for customers of all mobile operators in the country. I hope all operators will come forward and join for their own sake. I thank and congratulate bKash, BRAC Bank and Robi for joining hands and make it possible.”
"With the backing of leading players in the field, bKash has the scale and expertise to deliver a service that the majority of Bangladeshis desperately need,” said Mr. Kamal Quadir, CEO of bKash. "We will evolve with the needs of individuals, businesses and communities,” continued Mr. Quadir.
"bKash presents a compelling business plan which capitalizes on a ripe economy to dramatically expand access to formal financial services, both as an extension of BRAC Bank and as a full- scale mobile phone-based payments switch. This will highly benefit the country as 83% of the population lives under $2 a day and access for finance can help in improving the economic situation,” said Mr. Muhammad A. (Rumee) Ali, Chairman of BRAC Bank and Chairman of bKash.
Managing Director & CEO of Robi Axiata Mr. Michael Kuehner emphasized that this is the first time a dedicated mobile financial service provider has partnered with a mobile operator so the customer expects truly transformative payment solutions and services.
"bKash will fundamentally change the way people now do transactions. Customers will not need to come to the bank, rather the bank will come to their places. Menu-driven system will be very user-friendly. Customers can do banking even through the most basic handset.”, said Mr. Syed Mahbubur Rahman, Managing Director & CEO of BRAC Bank.
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| bKash signs MOU with A2I & LGD |
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| May 26, 2011 |
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| Dhaka, Bangladesh |
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bKash Limited (a subsidiary of BRAC Bank) signed an MOU today with Access to Information (A2I) Program, a UNDP supported program and Local Government Division (LGD), to make financial services accessible to grass root people through mobile telecom network.
LGD and A2I are implementation partners who operate Union Information and Service Centers (UISCs) in 4,501 Union Parishads. Through these Centers, people at grass root level receive Information Technology (IT) access.
bKash – the BRAC Bank subsidiary that is rolling out a universal financial service platform – will act as the Payment Service Operator as per an MOU signed at the Prime Minister's Office (PMO) today. As a result of this MOU, the unbanked population of the country now will have access to full banking services using simple mobile phones.
Chief Executive Officer of bKash Limited Kamal Quadir, Additional Secretary of LGD Syed Mahboob Hasan and Md. Nazrul Islam Khan of A2I program inked the Memorandum of Understanding at Karabi Hall, Prime Minister's Office. Managing Director & Chief Executive Officer of BRAC Bank Ltd Mr. Syed Mahbubur Rahman along with other senior BRAC Bank officials witnessed the signing.
"It is a landmark collaboration with the government in bringing such a visionary service", said Syed Mahbubur Rahman, Managing Director & CEO of BRAC Bank. "This MOU will strengthen our efforts in creating access for the low-income, mostly rural and unbanked people of Bangladesh."
For the people at union-parishad level, this MOU will create a way to have access to banking without going to the bank at all. The UISCs will act as a key channel for any mobile user to register and open up bank accounts and then do virtual transactions over mobile phone in easy, convenient way.
Kamal Quadir, CEO of bKash, on signing this MOU, said "bKash has been created to promote sustainable micro-savings to achieve broader financial inclusion by providing services that are convenient, affordable and reliable."
According to the MoU, Bkash Limited will introduce mobile financial services in 20 UISCs of Jessore district as pilot program to provide banking facilities to the grassroots level in the country. The remaining UISCs will be brought under this program in phases.
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| Robi and bKash sign mobile financial service agreement |
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| February 24, 2011 |
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| Dhaka, Bangladesh |
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Robi Axiata Limited and bKash Limited (a joint venture of BRAC Bank Limited and Money in Motion, LLC) signed an agreement on 24th February to make financial services accessible to broader segment of people through mobile telecom network.
Managing Director & CEO of Robi Axiata Limited Michael Kuehner and CEO of bKash Limited Kamal Quadir inked the agreement at a city hotel.
bKash, a universal financial service platform for country's mobile users, will focus to serve the low-income people of Bangladesh and promote sustainable micro-savings to achieve broader financial inclusion by providing services that are convenient, affordable and reliable.
bKash is to provide access of its services for Robi users and include Robi's service points to extend its distribution.
From Robi Chief Financial Officer Mahtabuddin Ahmed, Chief Marketing Officer Bidyut Kumar Basu, VP - Communications & Media Relations Mohiudin Babar and Consultant m-Commerce Meena Sivan, were present at the agreement signing ceremony.
Among others, Chairman of bKash Ltd. Muhammed (Rumee) Ali and Managing Director of BRAC Bank Ltd. Syed Mahbubur Rahman were also present at the event.
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| bKash signs agreement with ShoreBank International |
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| December 5, 2010 |
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| Dhaka, Bangladesh |
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bKash Limited, a joint venture company between BRAC Bank Ltd., Bangladesh, and Money in Motion LLC, USA, signed an agreement on December 5th, 2010. ShoreBank International, an international consulting firm, to partner in providing financial services through an extensive network of community-based agents and existing technology, including mobile phones.
bKash is working to provide an electronic platform to increase the access to a broader range of financial services for both banked and unbanked people of Bangladesh. It has a special focus to serve the low income people of the country and promote sustainable micro-savings to achieve broader financial inclusion by providing financial services that are convenient, affordable, and reliable. The innovative offering is designed to address the biggest barrier facing the region's poor – limited access to financial services.
By working with bKash, ShoreBank will strengthen the company's capacity with regard to strategic and operational planning, customer uptake, marketing, building the agent network, technology, and cash management, all under the umbrella of promoting financial inclusion. On November 16, 2010, ShoreBank announced that it has received a $10 million grant from Bill & Melinda Gates Foundation to support this enterprise.
This venture is being supported by BRAC Bank Ltd., which has the potential to bring a large percentage of the population that is not reached by the formal banking system. BRAC Bank, one of the leading private banks in the country, has a fundamental mission to focus on expanding access to finance in Bangladesh.
"bKash presents a compelling business plan which capitalizes on a ripe economy to dramatically expand access to formal financial services, both as an extension of BRAC Bank and as a full-scale mobile phone-based payment switch. This will highly benefit the country as 83% of the population lives under $2 a day and access to finance can help in improving their economic situation," said Rumee Ali, Chairman of BRAC Bank and Chairman of bKash.
ShoreBank International Ltd. is an international consulting firm that advises all types of financial institutions in emerging economies to achieve greater inclusive finance. ShoreBank is dedicated to expanding access to capital, information and services for small and growing businesses, entrepreneurs, and households, to create an inclusive global financial system. Since 1988, ShoreBank has worked in more than 76 countries, helping more than 200 commercial banks, microfinance entities, and other institutions to reach individuals and entrepreneurs who are otherwise too poor or too small to obtain access to quality financial services.
Present in the signing ceremony were Sir F. H. Abed, Chairman of BRAC, Rumee Ali, Chairman of BRAC Bank and bKash, Kamal Quadir, CEO of bKash
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