Mobile Financial Services in Bangladesh

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Welcome to Presentation on Mobile Financial Services in Bangladesh Prepared by: Tanvirul Hakim ID: M1415040 Bangladesh University of Professionals 1

Transcript of Mobile Financial Services in Bangladesh

Page 1: 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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Page 2: Mobile Financial Services in Bangladesh

Mobile Financial Services in Mobile Financial Services in Bangladesh Bangladesh

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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

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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

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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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