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Welcome to Presentation on
Mobile Financial Services in Bangladesh
Prepared by:
Tanvirul Hakim
ID: M1415040
Bangladesh University of Professionals
1
Mobile Financial Services inMobile Financial Services in
BangladeshBangladesh
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 dayWhy MFS is popular day by day
Fast & easy to Serve
Available banking services in 24/7
Affordable
Secure & safe
Convenient to use
Nationwide
Performed by the customer himself
4
How MFS compares to traditional banksHow MFS compares to traditional banks
MFS
3905 ATMs
543420 agents
Select bank branches
Lots of Merchant
points
Banking
26140 merchant
point-of-sale (POS)
devices
6035 ATMs
9051 bank branches
Products of MFSProducts of MFS
Cash-in-To deposit money into your a/c
Cash-out- Cash withdrawal through MFS
& Bank account
Send money- Money transfer P2P
Payments- To Purchases & To pay the
bills
Receive money- Receive from domestic
& Receive from international remittance
By Airtime for any mobile phone
6
Market share of leading MFS companyMarket share of leading MFS company
February 2015February 2015
7
Transactions share as of February 2015Transactions share as of February 2015
In USD MillionsIn USD Millions
9
9

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Mobile Financial Services in Bangladesh

  • 1. Welcome to Presentation on Mobile Financial Services in Bangladesh Prepared by: Tanvirul Hakim ID: M1415040 Bangladesh University of Professionals 1
  • 2. Mobile Financial Services inMobile Financial Services in BangladeshBangladesh
  • 3. 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
  • 4. Why MFS is popular day by dayWhy MFS is popular day by day Fast & easy to Serve Available banking services in 24/7 Affordable Secure & safe Convenient to use Nationwide Performed by the customer himself 4
  • 5. How MFS compares to traditional banksHow MFS compares to traditional banks MFS 3905 ATMs 543420 agents Select bank branches Lots of Merchant points Banking 26140 merchant point-of-sale (POS) devices 6035 ATMs 9051 bank branches
  • 6. Products of MFSProducts of MFS Cash-in-To deposit money into your a/c Cash-out- Cash withdrawal through MFS & Bank account Send money- Money transfer P2P Payments- To Purchases & To pay the bills Receive money- Receive from domestic & Receive from international remittance By Airtime for any mobile phone 6
  • 7. Market share of leading MFS companyMarket share of leading MFS company February 2015February 2015 7
  • 8. Transactions share as of February 2015Transactions share as of February 2015 In USD MillionsIn USD Millions
  • 9. 9
  • 10. 9