Talk:BKash

Area Served & Valuation of bKash

Hello Niaz, bKash is currently operating only in Bangladesh and not any other country. Hence, it is important to mention the Area in "Bangladesh" only.

Also, bKash is currently valued at $2 Billion. So it is also important to update the part on the first section. Sakib.mahboob (talk) 19:14, 30 April 2023 (UTC)

Also, I have added Citation Needed on the Services part. It says bKash provides only Payment service, however, it is a Mobile Financial Service.

Reference: https://www.bb.org.bd/fnansys/paymentsys/mfs_provider.pdf

(The above reference is from the Bangladesh Bank official website where it says bKash is a mobile financial service and not a payment service) Sakib.mahboob (talk) 20:06, 30 April 2023 (UTC)

Could you kindly provide a reference that confirms bKash's operations are limited to Bangladesh? - Niaz^{(Talk • Contribs)} 21:31, 30 April 2023 (UTC)

Hi Niaz, thank you for sharing your thoughts. The reference links below speaks of bKash and it's operations only for the people of Bangladesh:

1. https://sturgeoncapital.com/bkash-bangladesh/ (On the second segment it says bKash targets 165 Million people of Bangladesh. Also, at the end of the segment it is stated "bKash can be accessed via all the mobile networks operating in Bangladesh." Also, on the third segment where of "What is bKash?" it is stated that bKash is a Mobile FinTech in Bangladesh operating under Bangladesh Bank. They also stated "bKash provides secure, convenient, and easy ways to make payments and money transfer services via mobile phones to both the unbanked and the banked people of Bangladesh.")
2. https://www.gsma.com/mobilefordevelopment/wp-content/uploads/2013/01/Case_Study_-bKash.pdf(Another reference, where it says, "bKash is a mobile money system in Bangladesh operating under the jurisdiction of Bangladesh Central Bank")
3. https://www.thedailystar.net/the-story-of-bkash-21235?amp (Here is says, bKash, a subsidiary of BRAC Bank, provides safe, convenient and easy ways to make payments and money transfer services via mobile phones to both the unbanked and the banked people of Bangladesh.)

Hope this helps understand the operation of bKash. Sakib.mahboob (talk) 04:29, 1 May 2023 (UTC)

Here is another reference:

https://en.prothomalo.com/bangladesh/nz9zvi09x8 (Here it is stated: "The MFS service providing establishments are licenced by Bangladesh Bank. According to the regulations, all the transactions take place within Bangladesh and so there is no chance of money leaving the country via MFS." by Sheikh Md. Monirul Islam, Cheif External & Corporate Affairs Officer, bKash Limited) Sakib.mahboob (talk) 05:50, 1 May 2023 (UTC)

It's a good reference indicating that bKash operates within Bangladesh only. Hence, the mention of the worldwide operation in the infobox is wrong and needs correction. — Niaz^{(Talk • Contribs)} 07:51, 1 May 2023 (UTC)

A payment service is a subset of financial services. But financial services itself is way more than just making the payment. If there are references that bKash offers anything beyond making payments, the phrase can be changed to financial services. What else bKash is providing in addition to a convenent payment system? — Niaz^{(Talk • Contribs)} 07:48, 1 May 2023 (UTC)

bKash is providing way more services than payment only. Some of the most used bKash services are: send money, mobile recharge, cash-in, cash-out, pay-bill, salary disbursement, merchant payment, education payment, remittance and so on. Also, as bKash can be used from our Mobile Devices through App and USSD, it is termed as "Mobile Financial Service" (Source from Bangladesh Bank where bKash is termed as a Mobile Financial Service: https://www.bb.org.bd/fnansys/paymentsys/mfs_provider.pdf)

The following link describes bKash's services in the market which is not limited to Payment only:

1. https://mittalsouthasiainstitute.harvard.edu/wp-content/uploads/2014/08/Session-II-Huda-bKash.pdf .
2. https://ku.ac.bd/discipline/uploads/offered-course-material/bKash%20Limited.pdf
3. https://www.bkash.com/en/products-services

Thus, it is essential to term bKash as a "Mobile Financial Service" instead of "Payment Service" Sakib.mahboob (talk) 12:32, 1 May 2023 (UTC)

It is absolutely NOT "essential" to term BKash anything, we are not here to promote them in any way shape or form. Theroadislong (talk) 12:41, 1 May 2023 (UTC)

Understandable.

By terming them, I meant, the Services information on the Infobox section should be updated to "Mobile Financial Service" from "Payment Service" as currently it is not stating the correct information. Sakib.mahboob (talk) 17:32, 1 May 2023 (UTC)

Absolutely agree with this. By the laws of Bangladesh, bKash is stated as a Mobile Financial Service by the regulator itself. Also, it provides services more than just Payment and I believe the articles above states the same. Ishtiaque.shahriar (talk) 11:30, 2 May 2023 (UTC)

Hello @Sakib.mahboob thanks for the edits. as it appears, the article is still depicting Bkash Limited as mobile service(MS) whereas, Bkash Limited is a "Mobile Financial Service (MFS)" provider which it is in conflict with the policy of regulation imposed by the Bangladesh Bank. [1]. Therefore, it would be much appreciated if the necessary edits are made and implemented as soon as possible. OniruddhoSaadi (talk) 11:12, 9 July 2023 (UTC)

Thanks @OniruddhoSaadi for pointing this out. It seems the information on the infobox has been placed negatively yet again. Currently it shows bKash is a Payment Service & Mobile Telephony, which is not correct as per the guidelines and regulations. Sakib.mahboob (talk) 04:37, 10 July 2023 (UTC)

Hello Niaz, on a recent interview of Kamal Quadir the Founder & CEO of bKash Limited, he stated that bKash is now a $2B valuation company. Also, this was published on MIT Sloan's official website: https://mitsloan.mit.edu/alumni/bkash-founder-and-ceo-transformative-impact-financial-inclusion

Hence, the valuation part of bKash should be updated to $2B from $1B. Sakib.mahboob (talk) 12:25, 11 May 2023 (UTC)

Hi @Sakib.mahboob

in the given article, the valuation of bKash is still being shown as $1B which has currently been raised up to $2B. [2] OniruddhoSaadi (talk) 19:36, 9 July 2023 (UTC)

bKash Updated Board of Director

Hello @Theroadislong, the Board of Director list mentioned on the article is not upto date and lacks proper information which will give the readers a wrong perception and knowledge. Here is the updated bKash Board of Director list along with their positions which is found from their official website (https://www.bkash.com/en/about):

Shameran Abed, Chairman

Selim Reza Farhad Hussain, Director

Meheriar M. Hasan, Director

Asif Saleh, Director

Fahima Choudhury, Director

Nicholas Hughes, Director

Shinya Yoshino, Director

Guoming Cheng, Director

Jason Park, Director

Chris Lee, Director

Anita Ghazi Rahman, Director

Douglas Feagin, Director

Dr. Jamaluddin Ahmed, FCA, Director

Gregory C. Chen, Director

It is important to update this part on the article. Let's discuss if you have any queries. Sakib.mahboob (talk) 19:55, 30 April 2023 (UTC)

Another referece that says about the board of director: https://theorg.com/org/bkash/org-chart/selim-reza-farhad-hussain Sakib.mahboob (talk) 20:10, 30 April 2023 (UTC)

Is there any third party reliable sources giving the names of the board members? — Niaz^{(Talk • Contribs)} 21:43, 30 April 2023 (UTC)

Hi Niaz, please check the link below for the details of bKash Board members:

https://theorg.com/org/bkash/org-chart/selim-reza-farhad-hussain Sakib.mahboob (talk) 06:02, 1 May 2023 (UTC)

Citation needed for Services & Board of Director

Please do not cancel the edit, let's talk why the Citation is needed for the sevices part on the Infobox section and the Board of Director Para Sakib.mahboob (talk) 20:01, 30 April 2023 (UTC)

I appreciate your effort to improve this article. However, due to WP:Verifiability, it is necessary that articles have inline citations for any material challenged or likely to be challenged. — Niaz^{(Talk • Contribs)} 21:37, 30 April 2023 (UTC)

freelancing payment method

how can i create a freelancing payment method account at bkash? 103.242.20.246 (talk) 06:07, 3 May 2023 (UTC)

freelancing payment method

how can i create a freelancing payment method account at bkash? 103.242.20.246 (talk) 06:07, 3 May 2023 (UTC)

01875764264 119.30.41.62 (talk) 18:11, 1 June 2023 (UTC)

History & Service Offered

In the history section of this Article, there has been misinformation on the services it provides which states as it's services as:

Prepaid Package Value added service Music service WELCOME TUNE Caller tunes VOICE TUBE Robi radio MUSIC station Amar goongoon Airtel tune Local Express Amar Goongoon Dhamaka Discount offer AMAR TUNE MUSIC RADIO Information Serivice Sports Service News service Health line Stock information Blink line Study line Easy Menu

The services mentioned above are not the most accurate depiction of the services bKash Limited provides to their consumers. Rather, the actual services that they offer are;

Add Money, Cash out, Mobile Recharge, Payment, Add Money, Pay Bill, Savings, Loan, bKash to Bank, Remittance, Education Fees, Microfinance, Donation & Insurance.

As majority of these actually provided services are not in coherence with the services mentioned above, they are nothing more than a mere infectious practice and misinformation spreading and should be deleted and updated immediately. To further confirm the legitimacy of the services provided by the bKash Limited, I am referring their official website to reaffirm the actual services provided and properly discrediting the mentioned ones in the article. OniruddhoSaadi (talk) 11:38, 9 July 2023 (UTC)

Information Discrepancy in About Section

Hi @Sakib.mahboob

In the above section of this article on Bkash Limited, it has been stated that;

bKash users can deposit money into their mobile accounts and then access a range of services. In particular, transferring and receiving money domestically and making payments. FnF Tariff Plans Internet package & Value Added Service like mobile recharge or paying utility bills Intermational Romaing Customer Serivce are also possible through bKash USSD (*247#) Bkash SMS 1247 numbers and bKash App.

There has been several discrepancies in this given article. firstly, bKash users do not deposit money in their mobile accounts rather they open an account on the bKash platform with their national ID card and other necessary information and "Add Money" into the accounts that they have on the platform.[3]

Secondly, bKash is a mobile financial Service (MFS) provider; therefore, they provide more services other than making payments and transferring money. Such as, Send Money, pay Bills, Savings, Loans, Bank to bKash, Education Fees, Microfinance, Donation, Cash Out, payment, Add Money, Remittance & Insurance.[4] Hence, terming bKash just an payment and Transferring Money service provider is such an illegitimate way of depicting the organisation. Furthermore, bKash do not offer FnF tariffs plans or internet package or any sorts of value added services such as international roaming. This directly violets the core construction of organisation which is heavily regulated by the Bangladesh Bank. [5] Rather, such services are offered by the organisations which operates in the Telco industries in Bangladesh.

Thirdly, the bKash SMS number has also been falsely presented. The correct SMS number of bKash is 16247. [6]

As these discrepancies greatly hamper the image and reputation of an industry leading organisation, they are immediately required to be updated for the goodwill of the organisation, easier access of correct information for the consumers as well as the researchers. OniruddhoSaadi (talk) 19:32, 9 July 2023 (UTC)