Mobile Financial Services Comparison Chart (Bangladesh)

  • Date Posted: April 7, 2016
  • Authors: Kazi Amit Imran
  • Organizations: FHI 360
  • Document Types: Primer or Brief, Tool, Other
  • Donor Type: Non-US Government Agency

As of February 2016, there were a total of 18 mobile financial services (MFS) providers operational in Bangladesh. Between them, there are more than 33.98 million registered accounts, with over 41% active accounts transacting an average of BDT 5.52 billion (~ US$70 million) each day through the mobile channel. With mobile financial services (aka mobile money) increasingly becoming a viable transaction channel for USAID implementing partners and their stakeholders, this document provides a comparison of pricing, services, and coverage of nine of the leading MFS providers.

This information is meant to provide a useful starting point to help organizations understand their options. For more detailed support with assessing your situation and negotiating with providers, contact Majidul Haque, mSTAR/Bangladesh Technical Lead at mhaque@fhi360.org.