Bangladesh
bKash is the default, not an alternative.
- Currency
- BDT
- Settlement
- T+1
- Methods
- 5
The market
Mobile financial services carry consumer payments almost entirely. bKash holds the dominant position with Nagad a clear second, and both support pay-in and payout — which matters if you need to return funds to users.
What we would tell you
Treat bKash as table stakes and Nagad as necessary coverage. Card acceptance adds very little incremental conversion.
- Population
- ~175 million
- Market shape
- Wallet-dominant
- Indicative
- MFS growth
- Sustained
- Indicative
Moving value out
Materially constrained
Collecting here is not the hard part. This rating describes repatriation.
Outward flows are tightly managed and foreign currency is rationed in practice. Expect settlement structuring to be the hardest part of operating here.
Methods
5 local methods in Bangladesh.
5 move money in both directions.
- bKashWalletin · out
- NagadWalletin · out
- RocketWalletin · out
- UpayWalletin · out
- Bank TransferBank transferin · out
Bar widths indicate approximate share of local online payment volume and are shown for ordering only.
Tell us where you need to get paid.
Four questions about your business and your markets. If we are a fit, a payments lead responds within one business day with the methods and indicative pricing for your corridors.
We work with licensed operators and incorporated businesses. Corporate email required. We do not publish a general enquiries address.