In todays' intense competition most of the Banks are striving hard to lay down their best possible efforts to gain more market and mind share. Thus, Banks are looking forward to find many more alternative delivery channels to accumulate more low cost and no cost fund to generate revenue. In this case, commercialization of Mobile Financial Services by Al-Arafah Islami Bank Limited is not an exception from strategic point of view. Having solid and above average mindset and keeping the long term vision in mind, Al-Arafah Islami Bank Limited has launched its own brand named Al-Arafah HelloCash. Al-Arafah Islami Bank Limited has launched the same service proposition on March 29, 2015.
To remain at the top of the mind of the customer, our offered services are welcoming and responsive enough towards our valued customer. Though it is a continuous development process, HelloCash subscribers will be able to Transfer Money Directly from their Mobile to Other HelloCash Subscribers, Recharge Mobile Balance, Cash-In, Cash-Out, Merchant Payments, Shopping, Remittance, School Fees Payments, Utility Bill Payments and many more.
Special thanks to Bangladesh Bank for encouraging these out-of-the box approaches in all dimensions in banking services for the greater interest of our beloved country. Such endeavour has integrated B2B, B2C and C2C relationship with the tech-savvy approaches initiated by Bangladesh Bank. Mobile Financial Services is staunched to reach the un-reach segment those who were so far beyond the border line of the legal framework of various financial distribution channels and left further scope of development to build a Digital Bangladesh.