April 18, 2016Blog Posts

MasterCard, Western Union partner on mobile remittances in Bangladesh

Mobile Payments Today

MasterCard, Western Union, bKash and BRAC Bank Monday launched an international remittance receiving service in Bangladesh. The new service enables bKash’s registered customers to use their mobile phones to receive remittances from abroad directly into their bKash mobile wallet accounts, according to a press release. Western Union noted in the announcement that Bangladesh is the eighth-largest receiver of international remittances worldwide.

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