Mobile Banking is one of the very latest services of banking business. Among them, Nagad’s system has brought some very important operations of banking in the pockets of people. People can now know their balance, transaction history, products of the bank, transfer fund through their mobile at anytime from anywhere. Moreover, mobile banking is a part of new banking dimension i.e. branchless banking to make any bank digital. This branchless banking has great potential to extend the distribution of financial services to poor people who are not reached by traditional bank branch network; it lowers the cost of delivery, including cost of both to the banks of building and maintaining a delivery channel and to customers of accessing services.

#Now, construct the business model canvas on Nagad based on their mobile banking services in Bangladesh.

Answer rating: 100% (QA)

Heres a simplified version of the Business Model Canvas for Nagads mobile banking services in Bangladesh Key Partners 1 Partner banks and financial in... View the full answer