What is Bkash payment gateway?

03 May 2023 By PAYCEC

Bkash is a popular payment gateway launched in 2011 by BRAC Bank and is now operated by Bkash Limited. The payment gateway has gained widespread adoption due to its convenience, security, and accessibility.

One of the most notable features of Bkash is its ability to facilitate transactions from mobile devices. The payment gateway is integrated with mobile networks in Bangladesh, allowing users to pay using mobile phones.

Bkash offers a wide range of services, including mobile recharges, utility bill payments, e-commerce transactions, and cash withdrawal services, allowing users to withdraw money from Bkash agents across the country.

In terms of costs, Bkash offers competitive rates for its services. The payment gateway charges a percentage of the transaction value for each transaction. The exact fee varies depending on the type of transaction and the amount being transacted.

The benefits of using Bkash are numerous. The payment gateway offers a secure and convenient way to conduct transactions, especially for individuals who do not have access to traditional banking services. Bkash transactions are also processed quickly, allowing users to complete transactions in real time.

One of the main issues is that the payment gateway is only available in Bangladesh, limiting its use for individuals and businesses outside the country. Additionally, the payment gateway may not be suitable for large transactions, as the fees charged by Bkash can be high as the amount adds up.

Regarding this, PayCEC is a better option thanks to its ease of integration, wide range of payment methods and currencies, and low cost. PayCEC is a dependable and easy-to-use solution that can assist businesses of all sizes in accepting online payments and expanding their global reach.

Read more:

Types of payment gateway.

Benefits of online payment gateway.

Online payment gateway list in the world.

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