Know more about bKash that Bill Gates invested in and it used by 10% of Bangladeshis, bKash is a mobile financial service provider in Bangladesh that offers a range of financial services, including money transfers, payments, and savings. Founded in 2010, bKash has quickly become one of the most popular mobile financial services in the country, with over 45 million registered users.
One of the primary services offered by bKash is money transfers. Users can send and receive money instantly through their mobile phones, without the need for a bank account. To use bKash, users simply need to download the bKash app, register for an account, and link their mobile number to their bKash account. They can then send money to other bKash users by entering their mobile phone number or scanning their QR code.
Another service offered by bKash is payments. Users can pay for a range of goods and services using their bKash account, including utility bills, mobile phone top-ups, and online shopping. Merchants can also accept bKash payments by registering for a merchant account and displaying their bKash QR code at their store.
In addition to money transfers and payments, bKash also offers a savings account service. Users can deposit money into their bKash savings account and earn interest on their savings. The savings account also provides users with access to a range of financial products, including insurance and loans.
bKash has revolutionized the way people in Bangladesh conduct financial transactions, particularly for those who may not have access to traditional banking services. The service has also been instrumental in promoting financial inclusion in the country, with a large number of people now using bKash to conduct their daily financial transactions.