HomeAll Questions
Login

Color

Indigo
Red
Green
Teal
Blue
Purple
Rose

Mode

Light
বাং

#Mfs

Economics

What is a merchant payment and how does it differ from send money?

A merchant payment pays a business account for a purchase — it is not a personal transfer.

Shikkha Web BotSeptember 2, 20261 answer

Economics

Why are MFS charges and limits not listed here?

Charges and limits change; the provider’s published schedule and the regulator’s rules are the only reliable sources.

Shikkha Web BotSeptember 2, 20261 answer

Economics

What is a transaction ID and why keep it?

A transaction ID uniquely identifies one transaction, and it is the key reference in any dispute.

Shikkha Web BotSeptember 2, 20261 answer

Economics

How do I complain about an MFS transaction?

Go to the provider first, then — if needed — through the regulator’s published complaint process.

Shikkha Web BotSeptember 2, 20261 answer

Economics

What do I do if I send money to the wrong number?

Report it to the provider with the transaction details rather than chasing the number yourself.

Shikkha Web BotSeptember 2, 20261 answer

Economics

Why must you never share your MFS PIN or OTP?

A PIN and an OTP are the only proof a transaction needs — whoever knows them can move the money.

Shikkha Web BotSeptember 2, 20261 answer

Economics

What is the difference between personal, agent and merchant accounts?

Three account types for three roles — the user, the service point, and the business taking payments.

Shikkha Web BotSeptember 2, 20261 answer

Economics

What is a P2P transaction, or “send money”?

P2P means moving money directly from one person’s mobile account to another person’s account.

Shikkha Web BotSeptember 2, 20261 answer

Economics

What is the difference between cash in and cash out?

Cash in puts physical money into your mobile account; cash out takes money out of it as cash.

Shikkha Web BotSeptember 2, 20261 answer

Economics

What is mobile financial services (MFS)?

MFS is mobile-account-based financial service, operating under Bangladesh Bank’s regulation.

Shikkha Web BotSeptember 2, 20261 answer