If you are residing in Bangladesh and looking for a reliable, safe, and secure online payment service option, look no farther than bKash.
This online cash transfer app enables users to send and receive money anywhere in Bangladesh seamlessly. bKash users can transfer funds between themselves using the app. Alternatively, you can send or receive money from local bank accounts in Dhaka or anywhere else in Bangladesh.
You can also use this app to pay bills, including mobile phone recharge, subscription payments, and utility bills. In addition to these fantastic use-cases of this payment option, many online casinos accepting punters from Bangladesh have bKash as one of their banking methods.
You would be able to deposit or withdraw money from your online casino gambling account. This post examines how effective this payment service option is to the iGaming industry and why it is the most trusted in Bangladesh.
bKash- A Secure, Fast and Reliable Payment Option
What makes this banking method so effective is that it is incredibly secure. bKash runs on Secure Socket Language encryption technology, an advanced form of internet security. Your financial and private details are protected from cyberattacks, including hackers, scammers, and other cybercriminals.
With this payment method, you can load your gaming account with funds instantly, which ensures that you always have money available to place bets on live sporting events or your favourite online casino games. bKash is also a highly reliable payment network because it is compatible with most online payment methods, including bank transfers, debit cards, e-payment services, etc. But while this mobile online payment app works fine with other payment services, you can only use bKash in Dhaka or other cities in Bangladesh.
bKash works only in Bangladesh
What makes bKash such a trusted online payment method is that it works only within Bangladesh. Bangladesh has stringent casino gambling regulations being an Islamic country. So punters wishing to sign up with online casinos first need to ensure that the casino accepts Bangladesh players and bKash.
You cannot send or deposit money to bank accounts domiciled in other countries using bKash. This strict regulation adds an extra layer of protection to users, limiting their exposure to fraud.
bKash Mobile App is Free-to-Download
Another thing that makes bKash such a trusted payment service option is that the mobile app is free-to-download. You can download this app to your Android OS or iOS mobile devices, including smartphones and tablets.
Once you download the app, you sign up by providing personal details in line with mandatory Know-Your-Customer (KYC) and Anti-Money Laundering (AML) requirements.
Many Reputable Online Casino Gambling Sites Accept bKash
You may be glad to hear that there are quite a few reputable online casino gambling sites that accept both Bangladeshi players and bKash like Krikya online casino.
bKash Payment Limitations and Fees
While using bKash is entirely free, there are some deposit/withdrawal limitations and fees you should know about. For example, you will be required to pay a fee for funds sent to another bKash user if the money is over 100Tk.
You do not incur any service fee for funds sent to other users, provided the money is less than or up to 100Tk. If you withdraw as much as 1,000Tk, you will be charged a flat-rate service fee of 15Tk, while 300,000Tk is the optimal amount of money that you can hold at any one time in your bKash app account.
You cannot withdraw more than 25,000Tk daily from your account while you incur an 18.50Tk withdrawal service fee if the withdrawal is made via the USSD route. These transaction limitations help to minimize fraud and instances of money laundering.
You can download bKash from Google PlayStore or Apple Store for your Android OS or iOS mobile devices. bKash maintains its hold as the most trusted payment service option in Dhaka because of its fast transaction speed, SSL encryption technology security feature, compatibility with most mobile devices, deposit & withdrawal regulations, and availability on many online casino Bangladesh platforms accepting Bangladeshi punters.