96% of mobile payment agents in Bangladesh are profitable, says MicroSave study
Tuesday, November 11, 2014
Ninety-six percent of mobile payment agents in Bangladesh are making profits, thanks to low operational costs, a testament to how popular the service has become in just a few years, according to a study.
The rest are either incurring losses or at break-even, said a report by MicroSave, an international financial inclusion consultant.
The study — Agent Network Accelerator Survey — was conducted by MicroSave with financial support from the Bill and Melinda Gates Foundation. It was published at a hotel in Gulshan, Dhaka yesterday.