Bangladesh stands out for its phenomenal success with mobile money. Platforms such as bKash have provided millions with access to financial services who previously lacked it. This has profoundly reshaped the payment landscape, especially in rural areas where traditional banking infrastructure is limited. Despite this remarkable progress, cash continues to be a dominant payment method, reflecting enduring habits and the still-evolving digital infrastructure in some regions. The government continues investing in further improving digital financial inclusion. Bangladesh’s payment system has experienced a remarkable transformation due to the rapid growth of mobile money services (bKash, Nagad). This has significantly improved financial inclusion, reaching millions previously excluded from the formal financial system. While cash remains dominant, especially in rural areas, mobile money is reshaping the payment landscape. Credit and debit card usage is increasing, but their penetration remains relatively low compared to mobile money. Online banking and electronic transfers are also developing, but infrastructure challenges persist.
Estimated Population
161.4 million
Currency
Bangladeshi taka (BDT)
All supported payment methods for Bangladesh:
Google Pay, Visa, Mastercard, American Express, JCB, UnionPay International, Discover, Diners Club, Apple Pay, PayPal, MaestroPopular payment methods
Google Pay
Wallets
Google Pay empowers businesses to offer a fast, secure, and convenient mobile payment experience, attracting a wide range of customers.
Mastercard
Credit/Debit Cards
Unlock a world of payment possibilities with Mastercard, a trusted global leader in secure and convenient transactions
American Express
Credit/Debit Cards
Elevate your business with American Express, a premium payment network that attracts discerning customers and drives higher-value transactions.
JCB
Credit/Debit Cards
JCB is a leading international payment network, offering a unique opportunity for businesses to reach a growing customer base, especially in Asia-Pacific.
UnionPay International
Credit/Debit Cards
UnionPay is the world’s largest payment network, offering businesses the opportunity to tap into the vast Chinese market and beyond.
Discover
Credit/Debit Cards
Discover is a leading payment network that offers a unique combination of security, rewards, and customer service, making it an attractive option for businesses.
Diners Club
Credit/Debit Cards
Diners Club is a global payment network renowned for its premium services and exclusive benefits, offering businesses access to a discerning clientele.
Apple Pay
Wallets
Apple Pay offers businesses a convenient and secure way to accept payments from iPhone, Apple Watch, and Mac users, enhancing the customer experience and boosting sales.
