Mobile Money Infosheet: MYCash

  • Date Posted: August 19, 2014
  • Authors: Kazi Amit Imran
  • Organizations: FHI 360
  • Document Types: Primer or Brief, Primer or Brief

MYCash, a mobile banking service of Mercantile Bank Limited, offers a range of products and services, including cash transfers between individuals (P2P), cash transfers from businesses/organizations to individuals (B2P), bill payments, merchant payments, airtime purchases, deposit premium scheme (DPS) savings, collections, bank deposits, and international remittances. Money can be deposited into and withdrawn from mobile accounts at any of MYCash’s 64,000+ agent locations across Bangladesh. Accounts are tied to individual SIM card numbers and can only be accessed by the user through their personal PIN. Users dial *225# on any mobile network to access their account through USSD (currently only in English).