Dhaka, Feb. 16 -- Mobile banking transactions in Bangladesh reached a record high in December, 2024 with a total transaction volume of Tk 1,64,740 crore.

This marks the highest monthly transaction amount in the history of mobile financial services (MFS) in the country, according to the latest report by Bangladesh Bank.

In 2024, mobile banking transactions totalled Tk 17,37,000 crore, reflecting a 28.42% increase compared to 2023. The total transactions in 2023 stood at Tk 13,53,000 crore, indicating an increase of Tk 3,84,000 crore year-on-year.

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The surge in mobile banking usage is attributed to the convenience it offers in salary disbursement, remittances, and utility bi...