Territories - Asia

Bangladesh’s alternative payment landscape is undergoing significant
transformation, driven by rapid digitalization and increasing smartphone penetration. In 2023, it was reported that over 75% of Bangladesh is now have access to digital financial services, marking a significant milestone in the country’s digital financial inclusion efforts. Mobile payment platforms and eWallets are at the forefront of this shift. Services like BKash, UPay, Nagad, and Rocket are leading the market, offering convenient and secure payment options that cater to both urban and rural populations. These platforms are making financial transactions more accessible, fostering financial inclusion, and supporting the country’s burgeoning digital economy.