bKash recently launched a “Student Account” in a bid to bring the new generation under digital financial inclusions, aiming to create a cashless society.
Teenagers from 14 to 18 years of age can open this account, which will be linked to their mother or father’s bKash account.
A digital birth certificate, active bKash account number of a parent and their consent are required to open the account.
The customers will get a slew of services, including payment of school-college fees, daily small purchases, mobile recharge, send money and bill payment from the MFS provider.
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As per the regulations of the central bank, a maximum of Tk 30,000 can be kept in this account and transact Tk 5,000 per day and a maximum of Tk 25,000 per month.
About this new service, Maj Gen (retd) Sheikh Md Monirul Islam, chief external and corporate affairs officer of bKash, said: “We welcome this timely initiative of the central bank to prepare the future generation for digital financial transactions.”
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The sooner the teens become familiarised with the digital payment ecosystem, the more proficient they will be in their daily transactions as well as financial management.
“The opportunity to open a ‘Student Account’ with bKash for teenagers will remain a milestone in the initiative of financial inclusion in the country,” he added.
