Bangladesh’s cashless economy trends & insights

“With the recent rise in security concerns, I’ve made it a point to avoid carrying large amounts of cash. For my Eid shopping, I now rely on bKash – it’s not only safer but also comes with the added bonus of discounts! It’s a win-win for me,” says Ripa Sharmin, a school teacher based in Dhaka.

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

Ramadan and Eid bring a season of joy, generosity, and increased spending. From groceries for iftar gatherings to new clothes and gifts, expenses often surge. While credit cards offer convenience and rewards, unplanned usage can lead to financial strain. Here’s a guide to using your credit card wisely for shopping this festive season.

Shoppers are eagerly splurging on new outfits and thoughtful gifts for loved ones. As Eid-ul-Fitr—the most significant religious festival—draws near, sales of lifestyle products are surging, driven by heightened consumer demand.

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

Picture this: You’re seated in one of Dhaka’s finest restaurants, the warm glow of ambient lighting bouncing off the cutlery, the tantalising aroma of biryani teasing your senses.

The Daily Star (TDS): How Bangladesh progressing in its transaction to a cashless economy?

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

As Ramadan unfolds, so does the excitement of preparing for Eid-ul-Fitr—the grand celebration marked by joyous gatherings and lavish feasts. But with grocery expenses soaring during this time, smart shoppers know the key to saving lies in exclusive cashless payment offers from banks, MFS platforms and other financial institutions.

The Daily Star (TDS): How is Bangladesh progressing towards a cashless society?

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

The integration of faith and technology has revolutionized zakat, making charitable giving more efficient, transparent, and far-reaching. Digital platforms extend zakat beyond immediate communities, ensuring aid reaches those in need while preserving dignity and autonomy.

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

As the crescent moon marks the beginning of Ramadan, Bangladesh transforms into a bustling hub of spiritual devotion and celebratory preparations. The holy month is not just about fasting and prayer—it also brings a surge in shopping,

The Daily Star (TDS): How is Bangladesh progressing in its transition to a cashless economy?

In conversation with Syed Mohammad Kamal, Country Manager, Mastercard Bangladesh