The service of instant money transaction through mobile phone instead of going to the bank started on March 31, 2011. As such, there is going to be an era of mobile banking services (MFS) in the country.
In the first six months (July-December) of the current fiscal year 2022-2023, 5 lakh 45 thousand 522 crore taka have been transacted in this medium. And as of a single month, in the last month of last year, December, the mobile banking transaction was Tk. 96 thousand 132 crores, which is the second highest transaction after the launch of this service. Earlier in April last year, Tk. 1 lakh 7 thousand 460 crore was transacted, which was the highest transaction.