Mobicash Bangladesh (Grameenphone Billpay)

Only utility, bill pay, lotto and topup active. No plan to open wallet to IMT. MNO driven. Grameenphone's application December 2007 for a license to introduce mobile banking. Bangladesh Bank finalised guidelines on mobile banking 2008. micro-finance


Link to external site : Website for Mobicash Bangladesh (Grameenphone Billpay)
Mobicash  Bangladesh (Grameenphone Billpay)
Brand
Launched in
Status
Launch
Importance
Traction
Evaluation
Account Type
Business Model
in Bangladesh, BillPay earns revenue solely from customer fees as bill issuers do not generally pay for bill collection
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Class
Send Services Receive

Agent


Mobile


Cash


Wallet

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BP

MB

MM

Transport
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Cash


Wallet


Agent


Mobile

Model
non-bank based
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Who Leads?
Reach
Active Users
Registered Users
Potential Mobile Market (m)
Regulations
Persona
Purpose
Active Services
Card Type
ServicesDescription

Bill Payments, Mobile banking may enable banks to have their presence in rural areas, the proposed BB policy for mobile banking viewed. Mobitaka Ticketing: buy intercity train tickets from phone via SMS and PIN. Grameenphone CellBazaar (200802 Won award).

200806: Grameenphone (GP) and the Titas Gas Transmission and Distribution Company (TGTDCL) have signed an agreement to jointly launch the electronic bill payment service BillPay, first of its kind service for TITAS Consumers.

This service will shortly offer all Titas Gas Consumers to pay their bills either from Handset with GP SIM or at any GP authorized BillPay center at anytime and from anywhere. This service is planned to be launched shortly for Titas Gas consumers in Dhaka Metro Areas, Savar, Munshiganj, Mymensingh, Netrokona, Gazipur, Ashuganj, Bhairab, Narshindi, Narayanganj, Manikganj, Sherpur, Jamalpur and surrounding areas. In the initial launch, TGTDCL consumers will enjoy easy access to convenient locations, open at 9 am to 10 pm everyday. Consumers with mobile phone will get an immediate confirmation of bills being paid correctly from Titas Gas.

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Channels
Payment Instruments
Cash I/O Description
There will be prescribed service providers who have to get licenses from the BB and registered with the Joint Stock Companies office for rendering the services. These service providers will act as quasi-fiscal organisations to send money to the authorised retail agents (outlets) for its delivery to the recipients.
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Cash I/O No Of Locations
Handsets
Technologies
Interoperability
RegistrationProcess
Bangladesh Mobile Payments Directive 2008
Register/Log In
Main Segment Unbanked
Segment Description Primarily unbanked. A BB study found that only 13 percent of the country's population, mostly urban, has bank accounts. 30 percent of the population uses mobile phone in the country.

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