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Bangladesh to Introduce Mobile Banking at Post Offices |
| Source: |
futuregov.asia |
| Source Date: |
Monday, September 12, 2011 |
| Focus: |
Electronic and Mobile Government, Citizen Engagement, Internet Governance
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| Country: |
Bangladesh |
| Created: |
Sep 12, 2011 |
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This is not the first time that mobile money services have been launched in the country. However, this new service introduces a person to person transaction. Clients can get the service without going to a post office and the charge for each transaction is three takas. The service can be utilised for the payment of bills. The government can also pay salaries to employees through the service.
Initially, 50 post offices in the capital, Dhaka, have been developed for the service and four new districts will be prepared each month for the service. According to M Mobasherur Rahman, director general, BPO, the directorate is targeting 30 lakh clients in the first year and one crore in the second.
Two types of technologies will be used for the service: SMS and internet.
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Bangladesh to Introduce Mobile Banking at Post Offices The Directorate of Bangladesh Post Office BPO will introduce a banking service that allows people to make transactions over a cell phone The service titled post e-pay will be launched in all the 9,800 branches of the post office in phases with the help of the mobile operators’ countrywide network
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