Briefing: Payment industry of Bangladesh

Payment industry of Bangladesh white paperThis 30-page white paper explores the changing payments ecosystem in Bangladesh and evaluates the current and potential impact of mobile payments on the financial, banking and retail sectors.

The paper begins by providing an overview of current payments systems in Bangladesh and the deployment to date of technologies such as NFC, HCE, tokenization, mobile payments and EMV. It also explains the Bangladeshi regulatory authority’s overall strategy for modernizing the country’s payment and settlement systems.

The paper then analyzes in detail current trends in the use of different payment methods in Bangladesh and identifies the key companies, organisations and networks engaged in the implementation of new payment technologies, including those outside the mainstream financial infrastructure.

The paper goes on to use this analysis as the basis for the exploration of future trends within the Bangladeshi payments industry, including ongoing growth for the card-based and mobile payments sectors, increasing smartphone penetration and the widening acceptance of new payment technologies.

This paper has been produced and sponsored by Kona International and has been approved by the NFC World editorial team.

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This 30-page document is available free of charge to NFC World Knowledge Centre members (PDF format, 1.3MB).

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This item is part of the Mobile Payments Knowledge Centre.