DOI: 10.5176/978-981-08-7240-3_I-23
Authors: Omar Faisal
Abstract:
Mobile Banking is one of the latest tools for easy and convenient banking in the current world. Day by day mobile payment has become popular and it’s fulfilling consumer’s demand. The large numbers of Bangladeshi people are facing many harassments duo to the lack of modern banking modern banking facilities. The government banks don’t have the internet banking and ATM services; only few of private banks have some ATM booths. There are only about 650 ATM booths for the huge population and branches of bank are not available in the rural area. For paying utilities bill,money transfer and doing banking activities people need to go to the bank by physically and waiting in big queue. This is due to the fact that Bangladesh has more than 40 banks but still now banks couldn’t introduced fully internet and mobile banking services. Another problem is that 46{6e6090cdd558c53a8bc18225ef4499fead9160abd3419ad4f137e902b483c465} of the population lives below the poverty line and wretched transportation system overall the country.
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