Asia-Pacific · GDP rank #36
Bangladesh
BD · BDT @ 0.0082/USD
Bangladesh runs the world's third-largest mobile-money market by user count, anchored by bKash (75m registered users, ~63% of MFS market share), Nagad (~95m, fast catching up on state-payments distribution) and Rocket. Mobile Financial Services account for the bulk of retail digital payments; cards are a smaller, urban-skewed channel. Bangladesh Bank launched the interoperable Binimoy platform in November 2022 to unify wallet-to-bank-to-wallet rails; volumes scaled materially in 2024–25 as RMG (ready-made-garments) payroll moved decisively onto digital wallets. The 2024 taka unification under the IMF ECF programme reset the FX line and pulled remittance flows back through formal channels.
Tab 02
Consumer payments
How consumers actually pay: the share of cash, the stock and flow of cards, the scheme split at checkout, which mobile wallets matter, and how broadly POS acceptance reaches.
Every figure is authored against a named publisher — click the ⓘ anywhere to open the source panel with the underlying URL and access date.
Cash share of POS volume
% · 2024
Debit card share
% · 2024
Card use concentrated in Dhaka, Chittagong and Sylhet upper-income segments.
Credit card share
% · 2024
Less than 2m credit cards in issue against 174m population; structurally tiny.
Mobile wallet share
% · 2024
Payment mix
At the point of sale
The shares below are POS volume (count of transactions), which reads differently from POS value. For the value-share read, see the card-economy grid underneath.
Share of POS
- Cash74%
- Credit card2%
- Debit card5%
- Instant / A2A1%
- Mobile wallet18%
- BNPL<1%
- Other<1%
Cash behaviour
- ATM network
- 13,800
- Avg. ATM withdrawal
- BDT 8,500
- Cash share · value
- 52%
- Cash share · volume
- 74%
Source · Bangladesh Bank
Scheme share
Which networks clear the card volume
Scheme share is the split of general-purpose card purchase volume — not issuance, not count of cards. A high domestic share (e.g. UnionPay, RuPay, ELO) means a large share of card flow never touches a global scheme.
NPSB is the Bangladesh Bank-operated domestic switch; routes ATM and POS transactions across all card issuers. Not a brand scheme — switching layer.
Share of card volume
- Visa55%
- Mastercard35%
- Amex5%
- Other5%
- Domestic Scheme100%
Debit card POS + online transactions
transactions/year · FY2024-25
Debit card transaction value
BDT/year · FY2024-25
Credit card transactions
transactions/year · FY2024-25
Credit card transaction value
BDT/year · FY2024-25
Average debit ticket size
BDT · FY2024-25
Average credit ticket size
BDT · FY2024-25
Mobile wallets
Where wallets actually land
User counts are the best single scalar for wallet reach, but they understate usage intensity in markets where one super-app carries multi-digit trillions of renminbi or rupees. For flow, see the rails tab.
Active users
- bKash75M
2025
- Nagad95M
2025
- Rocket (DBBL Mobile Banking)38M
2024
- Upay11M
2024
- TAP (Trust Axiata Pay)8M
2024
Notable wallets
bKash
bKash
Nagad
Nagad
Rocket (DBBL Mobile Banking)
Dutch-Bangla Bank
Upay
UCB Fintech (Upay)
TAP (Trust Axiata Pay)
Trust Bank — Axiata Pay
Full reference
Kpis
POS terminals (Bangladesh)
terminals · 2024
MFS agent points
agents · Mar 2026— Cash-in/cash-out agent footprint covers ~30,000 wards. Agent commissions are the unit-economic backbone of MFS reach.