In Media

More than two billion adults do not have access to bank accounts, credit or insurance - in effect, they have no financial security. The World Bank wants to change that - in its report on financial inclusion, it says it aims to provide financial access to all working-age adults by 2020.
bKash is a mobile money system in Bangladesh operating under the jurisdiction of Bangladesh Central Bank as a subsidiary of BRAC Bank, a local bank.
BRAC Bank, bKash and The Daily Star recently organized a roundtable on "Mobile Financial Services: Its impact and future in Bangladesh". The Daily Star published a summary of the discussions.
Now mobile money seems to be finally taking off outside Kenya. In both Bangladesh and India mobile-money services now boast a sizeable number of users. And in both cases it is clever entrepreneurs who have pushed things along—rather than a big telecoms operator, as was the case in Kenya.
ব্যাংকে হিসাব খোলার যাদের সামর্থ্য নেই_এমন ক্ষুদ্র পেশাজীবী কিংবা গরিব মানুষের সামান্য আর্থিক লেনদেনের মাধ্যমে ব্যবসায়িকভাবে লাভবান হওয়ার খুব একটা সুযোগ ব্যাংকগুলোর নেই। তবু আর্থিক সেবার বাইরে থাকা বৃহত্তর এই জনগোষ্ঠীকে সহজ ও সাশ্রয়ী লেনদেনের সুযোগ দেওয়ার প্রত্যয়ে ২০১০ সালে যাত্রা শুরু হয় বিকাশ লিমিটেডের।
Multi-country study reveals sophisticated payment needs and behaviors of unbanked consumers in developing economies. Preventing theft, ability to send money quickly drives mobile money adoption.
The phenomenon of mobile banking in Bangladesh has been gradually gaining popularity over the years. A glance at the telecom sector of some of the other third world countries, such as Kenya, Somalia or even Pakistan will provide a somewhat similar scenario. In general, m-banking tends to attract people in the low-income category, often from rural areas.
A newly released overview report on Mobile Financial Services by Bangladesh’s Central Bank highlights the progress achieved two years on.
The CLP has begun using mobile phones to transfer monthly stipend payments to its participants. bKash is a mobile banking service provider which allows cash transfers and payments to be made through mobile phones.
The CLP’s use of bKash is changing the way participants receive stipend payments. Earlier Monika received her stipend during monthly Social Development group meetings, in which up to 28 participants completed and signed receipt papers.

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