Bangladesh is on the cusp of a cashless revolution. Citizens increasingly seek faster, safer, and more transparent ways to transact. To truly empower people, digital finance must deliver trust, inclusion, and convenience-at scale.
India's journey offers valuable lessons. With public infrastructure like India Stack and private innovation from players like Jio, digital access exploded. Affordable devices such as IRS 1,000 JioBharat phones and low-cost laptops helped bring nearly 97 crore people online by 2024. UPI now processes over 1,800 crore transactions monthly. The message is clear: accessibility, affordability, simplicity and infrastructure drive adoption.
Bangladesh must focus on simplicity. One QR code at every counter. Transparent fees merchants understand. Instant settlement into accounts, every day. Clear recourse when things go wrong.
Security is essential. Banks, MFS providers, telcos, and card schemes must share fraud intelligence and strengthen real-time risk controls. With Bangla interfaces, voice prompts, and agent support, digital finance can be truly inclusive.
Smart regulation and open standards will lower costs, shrink the shadow economy, and widen access to formal credit. A cashless Bangladesh isn't just a financial upgrade-it's a leap toward economic empowerment for all.
