Mobile Financial Services in Bangladesh
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Transcript of Mobile Financial Services in Bangladesh
Welcome to Presentation onMobile Financial Services in Bangladesh
Prepared by: Tanvirul HakimID: M1415040
Bangladesh University of Professionals
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Mobile Financial Services in Mobile Financial Services in Bangladesh Bangladesh
Mobile financial services is a term used for performing, financial transactions, financial payments, balance checks and other banking transactions through a mobile device such as mobile phones.
Bangladesh Bank has allowed 28 banks to offer MFS
In which 19 banks have already started to work on their MFS products in some capacity.
What is MFSWhat is MFS
Why MFS is popular day by day Why MFS is popular day by day Fast & easy to Serve Available banking services in 24/7 Affordable Secure & safe Convenient to use NationwidePerformed by the customer himself
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How MFS compares to traditional banksHow MFS compares to traditional banks
MFS
3905 ATMs543420 agentsSelect bank branchesLots of Merchant
points
Banking
26140 merchant point-of-sale (POS) devices
6035 ATMs9051 bank branches
Products of MFSProducts of MFSCash-in-To deposit money into your a/cCash-out- Cash withdrawal through MFS
& Bank account Send money- Money transfer P2PPayments- To Purchases & To pay the billsReceive money- Receive from domestic &
Receive from international remittanceBy Airtime for any mobile phone
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Market share of leading MFS companyMarket share of leading MFS company February 2015February 2015
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Transactions share as of February 2015Transactions share as of February 2015In USD MillionsIn USD Millions
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