bKash Mobile Money in Bangladesh – Promoting Financial Inclusion for the Masses
| Case Code: LDEN173 Case Length: 10 Pages Period: - Pub Date: 2021 Teaching Note: Available |
Price: Rs.250 Organization : bKash Industry : Financial Services Countries : Bangladesh Themes: FinTech, Banks and Banking, Digital Disruption, Technology in Banking |
Abstract Case Intro 1 Case Intro 2 Excerpts
Introduction
On March 1, 2020, bKash, a mobile financial service company in Bangladesh, announced that seven Ready Made Garment (RMG) firms had agreed to use the digital salary disbursement solution to distribute salaries to their employees’ bKash accounts. The number of employees covered under the new agreement was 70,000. This method would allow the organizations to disburse salaries more easily and at lower cost than using the traditional banks. With the latest inclusion, the number of RMG firms using the bKash service stood at 400, covering more than 400,000 employees, the majority of them women. A statement released by bKash said, “Digital Salary Disbursement Solution of bKash is believed to play an active role in the implementation of Digital Bangladesh through the empowerment of women in larger sense, as well as financial inclusion of the unbanked population.”..
Buy this case study (Please select any one of the payment options)
| Price: Rs.250 |
Price: Rs.250 | PayPal (6 USD) |
