bKash, Bangladesh's largest mobile financial services provider, has partnered with Mastercard to make receiving remittances from abroad faster, easier and more secure.
Under the collaboration, bKash will leverage Mastercard Move to enable inward remittances directly into mobile wallets while providing cash access through its network of more than 350,000 agents nationwide, serving millions of customers across Bangladesh.
Money sent through banks and authorised money transfer operators connected to Mastercard can be received directly in bKash mobile wallets. Recipients can then withdraw cash from nearby bKash agents or use the funds to pay utility bills, education or government fees, send money, top up mobile credit, or open a bKash savings account—all from the comfort of their homes.
The initiative aims to simplify international money transfers, expand access to remittances, and support Bangladesh's ongoing transition to digital financial services.
Ali Ahmmed, Chief Commercial Officer of bKash, said: "Through a secure, near real-time and seamless remittance experience, bKash has earned the trust of expatriates and their families in Bangladesh. This continued focus has established bKash as the preferred platform for millions of Bangladeshi expatriates, contributing to strong and consistent inward remittance flows in recent years. bKash remains committed to serving as a reliable bridge for remittance earners and their families while supporting the country's foreign exchange inflows and broader economic stability."
Zakia Sultana, Country Manager, Bangladesh, Mastercard, said: "At Mastercard, we are focused on building a payments ecosystem that is fast, secure and inclusive. This collaboration with bKash enables people in Bangladesh to receive funds more conveniently—whether directly into their mobile wallets or through cash withdrawals from bKash agents. Together, we are expanding access to cross-border payments and advancing financial inclusion."
Bangladesh is one of the world's largest recipients of remittances, and mobile financial services are playing an increasingly important role in expanding access to these funds. With more than 237 million registered mobile financial service accounts, the use of digital channels for remittances continues to grow.
The collaboration also supports Bangladesh Bank's efforts to promote secure and formal remittance channels while making it easier for families across the country to receive money sent from abroad.