With this approval, Banglalink will be able to offer regulated money transfer and payment services, providing customers with easier access to formal financial tools. The company is currently working closely with Bangladesh Bank and its partner institutions to prepare for the launch, focusing on operational and technical readiness to deliver a seamless integration of everyday financial transactions into the mobile experience. The goal is to reduce friction and lower barriers for users seeking digital financial services.
Initially, Banglalink’s digital payment offerings will include instant person-to-person transfers, remittance services, utility and government bill payments, merchant and e-commerce transactions, as well as salary disbursement services. In future phases, the company plans to introduce additional features such as micro-savings and insurance premium payments, supporting broader financial inclusion.
According to the Bangladesh Bureau of Statistics, approximately 72% of the country’s population remained outside the formal banking system as of the end of 2023. Banglalink highlighted this statistic as a “significant opportunity” to accelerate financial inclusion on a national scale by providing accessible digital financial services.
Leveraging Veon’s extensive digital financial services portfolio, which serves a combined 42.1 million monthly active users across its other markets as of September 2025 — a figure that reflects a 25% year-on-year growth — Banglalink is well-positioned to make a substantial impact.
“Digital financial services are a key pillar of our DO1440 strategy that is empowering our customers with relevant digital services for every minute of the day. The approval for Banglalink to launch payment services will enable us to bring financial services directly to customers’ fingertips while helping accelerate Bangladesh’s growth as a digital economy,” said Veon Group CEO Kaan Terzioglu.
