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International Journal of Advance Computational Engineering and Networking (IJACEN)-IJACEN
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Volume Issue
Volume-1,Issue-3  ( May, 2013 )
Paper Title
Possibilities And Challenges Of Mobile Banking: A Case Study In Bangladesh
Author Name
MD. Tukhrejul Inam, MD. Baharul Islam
Department of Software, ICT Wing, Islami Bank Bangladesh Limited, Dhaka, Bangladesh Multimedia Technology and Creative Arts, Daffodil International University, Dhaka, Bangladesh
Mobile Financial Services (MFS) is an approach to offering financial services that combines banking with mobile wireless networks which enables for users to execute banking transaction. It is new term in Bangladesh and getting popularity rapidly. Most people of Bangladesh live in rural areas and almost every family use at least one mobile phone. So, mobile phone is an important device to provide service to them. Almost all banks are trying to provide financial service to maximum people through mobile phone and it’s becoming familiar as mobile banking. Already several banks have implemented their mobile banking successfully. In this document, we have described the present condition of mobile banking in Bangladesh and technical architecture of mobile banking. We also showed prospects and limitations of mobile banking in Bangladesh.
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