bKash signs network sharing agreement with Teletalk

February 02, 2015

bKash Limited today signed an agreement with the state owned mobile phone operator Teletalk Bangladesh Limited which would soon allow the Teletalk users to open bKash wallet and access to mobile financial services offered by bKash. 

Gias Uddin Ahmed, Managing Director of Teletalk and Kamal Quadir, Chief Executive Officer of bKash signed the agreement on behalf of their respective organisations.

Currently, bKash offers mobile financial services using the network of Grameenphone, Banglalink, Robi and Airtel.

“The agreement is a milestone for Teletalk as it will give our customers to access bKash mobile financial services, an essential need of the common people of Bangladesh”, said Gias Uddin Ahmed, Managing Director of Teletalk.

Launched in December 2004 as the fifth mobile phone operator, Teletalk has around 3.9 million customers.

“Having Teletalk as our network partner will surely help us to take the mobile financial services to more people and serve our objective of financial inclusion”, said Kamal Quadir, Chief Executive Officer of bKash.

bKash is a complete mobile financial service provider for common people which apart from sending and receiving money, offers an array of mobile financial services including mobile top up, payment, salary disbursement and interest on savings.

Launched in 2011, bKash, a joint venture of BRAC Bank and US based company Money in Motion, World Bank’s private sector investment arm the International Finance Corporation and Bill & Melinda Gates Foundation has more than 16 million customers. bKash has over 100,000 agent points nationwide to facilitate free wallet opening, cash-in and cash-out service at every corner of Bangladesh.

 

 

bKash mobile financial services launched on Teletalk network

March 17, 2016

bKash mobile financial services launched on Teletalk network today (Monday) enabling a Teletalk customer to register for bKash account to access and avail bKash services from his or her mobile phone, from anywhere in Bangladesh.

Begum Tarana Halim, State Minister for Posts and Telecommunications Division opened a bKash account in her Teletalk connection while launching the service as the Chief Guest at a program at the Hotel Westin in the city.

Gias Uddin Ahmed, Managing Director of Teletalk Bangladesh Limited, Kamal Quadir, Chief Executive Officer of bKash Limited and Selim R. F. Hussain, Managing Director and Chief Executive Officer of BRAC Bank Limited were present during the launch of the service.  

Earlier, in February 2015, bKash signed a network sharing agreement with the state owned mobile phone operator to launch the mobile financial services for Teletalk customers.

With the inclusion of Teletalk, bKash services are now available to all GSM cellular operators in the country including Grameenphone, Banglalink, Robi and Airtel.

The Teletalk customers will now be able to enjoy many of the bKash services including sending and receiving money, merchant payment through using their bKash account. Mobile balance recharge for Teletalk customers through bKash will be available soon.

Addressing the program, Tarana Halim said, around 70 percent population in Bangladesh live in villages while more than 13 core people have the mobile phones. Amid this scenario, bKash has taken up a big challenge to bring a large number unbanked population into a banking system and has made tremendous progress in this regard.

Touching upon the regulatory aspects of the mobile financial services, Tarana Halim said Bangladesh Bank is the regulatory authority of mobile financial services in the country.

“Bangladesh Bank is entrusted for the regulations of mobile financial services in the country. Similarly, BTRC is the regulatory authority for mobile phone networks in the country,” she said at the program.

She also praised bKash for its role in woman empowerment.

“One of the key positive sides of bKash is helping out in woman empowerment.  A female garment worker now can confidently send her salary back home through her bKash account without relying on any middleman. By this way bKash gradually helps a woman to establish her rights on her own money,” she said

Gias Uddin Ahmed, Managing Director of Teletalk said, “Several millions of Teletalk customers will be benefitted from the mobile financial services offered by bKash.”

Launched in December 2004 as the fifth mobile phone operator, Teletalk has around 4.3 million customers.

“A Teletalk customer having a registered bKash account can now avail our mobile financial services including fund transfer, merchant payment in a secured, convenient and cost effective manner,” said Kamal Quadir, Chief Executive Officer of bKash.

bKash is a complete mobile financial service provider for common people which apart from sending and receiving money, offers an array of mobile financial services including mobile top up, payment, salary disbursement and interest on savings.

Launched in 2011, bKash, a joint venture of BRAC Bank and US based company Money in Motion, World Bank’s private sector investment arm the International Finance Corporation and Bill & Melinda Gates Foundation has more than 20 million customers. bKash has over 100,000 agent points nationwide to facilitate free account opening, cash-in and cash-out service at every corner of Bangladesh.