Digital Financial Service (DFS)

Bangladesh’s overall financial inclusion increased by 56.3% between 2011 to 2018, driven by strong policy support from the government, initiatives by the private sector, and involvement by the multilateral development partners. For equitable economic growth and poverty reduction, it is essential to increase access and usage of innovative financial products and services. Giving underprivileged groups financial access […]

Over the last decade, the payments landscape in Bangladesh has undergone a structural shift. With the change in consumer behavior, the landscape is becoming digital —moving towards contactless and cashless transactions. Meanwhile, COVID-19 has accelerated the growth of the digital payments landscape. A Promising Landscape Fuelled By A Growing Economy The Bangladesh economy has withstood […]

Bangladesh has enjoyed a rapid growth in technological advancement recently with a current internet penetration rate of 60.7%. This has opened up a wide array of opportunities for businesses and services to thrive. One of the most noticeable trends in Bangladesh right now is the rise of digital payments. This change has subsequently spurred a […]

Munad, a PayPal engineer and a non-residential Bangladeshi, has come to visit Bangladesh after a long time and is in constant awe of the amount of transformation the country has gone through in the last decade. From technology integration to developed infrastructure, he was hard-pressed to find similarities between the Bangladesh he had lived in […]

As of 2018, Bangladesh has a lot to be proud of. We have entered the lower rungs of middle income nation as per World Bank, have maintained a gross domestic product (GDP) growth rate that is second in the region, with a GDP of $250 billion+ it is the 34th largest economy and we have […]