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Bangladesh

Nagad

Fast-growing MFS challenger: Government-backed with extensive postal network reach

Nagad is a mobile financial service in Bangladesh operated by the Bangladesh Post Office. As a widely used financial service in 2026, it supports payments such as government salaries and social welfare disbursements through an extensive agent network. For publishers, Nagad helps expand reach by connecting to users through a widely accessible platform linked to public sector payment flows.

Nagad

Highlights

Post office

Network integration

75M

Total users

30M+

Monthly active users

$30B USD

Annual transaction value

25%

Market share of MFS

Supported features
Exclusive payment method outside of App Store (Apple) Check circle green
Exclusive payment method outside of Google Play (Android) Check circle green
PO Model Available X circle
Refunds Check circle green
Local Entity Required X circle
Supports Recurring Check circle green
Supports Marketing Co-Promotion Check circle green
Settlement Within 30 days