Sustainable Development of Rural Communities in Bangladesh by Integrating Mobile Internet and Agent Banking Technology

Abstract

Bangladesh is one of the most populous countries in the world and mass people are still unbanked and still not included under central financial banking service. This causes huge setbacks in progressing the financial status of Bangladesh. In order to avoid such problematic scenario, the central bank of Bangladesh, Bangladesh bank decided to adopt and promote agent banking service in rural areas of Bangladesh to include the mass rural population under central financial enclosure. As of current situation, mobile operators can play a vital role to promote and educate and motivate the rural people of Bangladesh to be registered and use the service of agent banking to perform their daily financial tasks. Furthermore, mobile operators along with top banking software farms and banks can work together to build a unified platform to provide effective agent banking service in real time to the rural people of Bangladesh. This paper specifically discusses about mobile learning system for the rural people in order to educate them about the advantages and various useful services of banking system of Bangladesh. Furthermore, this paper also promotes a unified system based on mobile platform which can benefit both banking industry as well as their customers to get quick and risk-free financial services. This will result a better economical situation in Bangladesh and the rural people will be benefited from better, secure and quick financial services from Bangladeshi banks.