bKash, a mobile financial service of BRAC Bank, operates independently in Bangladesh. Established in 2011 under a consortium including Money in Motion LLC, a subsidiary of the World Bank Group, the Bill and Melinda Gates Foundation, Ant Group, and the SoftBank Vision Fund, bKash provides various digital financial services as the country's most popular and widely used mobile financial service.
When we purchase any product or service from a supermarket, e-commerce store, or any other retail chain shop, we make the payment through bKash's mobile wallet service. To open a bKash merchant account, there are several conditions that must be met. However, for small or local businesses, bKash has introduced the bKash Personal Retail Account to facilitate easier access and usage.
What is bKash Personal Retail Account?
The bKash Personal Retail Account is a special merchant account offered by bKash for small to very small businesses, individual entrepreneurs, and online-based small enterprises. It allows easy and quick opening of a bKash merchant account through which payments can be received from customers for goods and services without any hassle using the bKash payment option. Detailed business descriptions or trade licenses are not required for opening this account. Applicants can open the account by providing a valid national ID card and proof of ownership of the mobile number.
Benefits of bKash Personal Retail Account:
1. You can open a bKash Personal Retail Account anytime from
the comfort of your home, either through a designated bKash agent or via
self-registration method.
2. No trade license or additional documents are required to
open a bKash Personal Retail Account, unlike regular merchant accounts that
typically require mandatory documents.
3. In addition to their personal bKash account, applicants
can open a Personal Retail Account with a different mobile number opposite to
their national ID card.
4. A Personal Retail Account holder can make payments using
the bKash app, by dialing *247#, using a payment gateway link, or from a
payment get-way, customers bKash wallet will not be charged any money.
5. The account holder of the Personal Retail Account can also
send money to any bKash Customer at any time through a bKash agent or
authorized ATM.
6. A Personal Retail Account holder can send money to another
Personal Retail Account holder or to any other bKash merchant for business
purposes.
7. An active bKash Personal Retail Account holder can utilize the bKash Merchant App or other bKash payment platforms to enhance their business operations. Once the account is successfully opened, they can immediately start receiving payments.
To open a bKash Personal Retail Account, the applicant must meet the
following criteria:
1. The applicant must be a Bangladeshi citizen.
2. The applicant must be at least 18 years old.
3. The applicant must possess a valid National ID card (NID).
4. The applicant needs to take their own photo or selfie.
5. The applicant must own the mobile number registered under
their own name.
6. The applicant should be a small, micro, or rural
entrepreneur.
7. If the applicant's business address is in Rangamati,
Bandarban, Khagrachari, or Cox's Bazar district, they must attach/upload their
professional certificate.
8. The applicant must use a valid mobile number that is not
already associated with any existing bKash account to open a Personal Retail
Account.
9. Including a copy of the utility bill is optional for now;
it is not mandatory.
10. If the applicant selects a nominee (such as father/mother/spouse),
their photo should be attached to the nominee's NID. Otherwise, for other
nominees (such as brother/sister/son/daughter/others), the nominee's NID photo
must be attached.
For attaching photos/screenshots, ensure they are in JPEG/JPG format and within 10 megabytes file size limit.
To register for a bKash Personal Retail Account, follow these steps:
1. Visit the bKash website and click on 'bKash Personal
Retail Account'.
2. Agree to the terms and conditions and proceed with the
application.
3. Enter the mobile number you want to register with and
select the operator.
4. Verify your mobile number by entering the Registration
Verification Code received via SMS.
5. Fill out a registration form with your personal
information.
6. Provide details related to your business.
7. Provide information about your nominee. You can nominate
your father/mother, brother/sister, spouse, son/daughter, or others who are at
least 18 years old.
8. Upload your own photo/selfie and necessary
photos/screenshots as required.
9. Review and submit all the provided information.
10. Receive a congratulatory message with an application ID.
You can use this ID to check the status of your application.
11. Dial *247# and set your account PIN to start using the
account.
12. Currently, after successfully opening the account, you
can enjoy a transaction limit of up to 10,000 BDT.
Following these steps
will enable you to successfully register for a bKash Personal Retail Account
and start using its services.
How to Verify Address with 'Verification Code:
1. Receive Welcome
Letter: Using
the code provided in the 'Welcome Letter' sent from bKash to your business
address, you can easily verify your business address.
2. Access the Link: Visit the specified link on the
homepage to verify your business address.
3. Enter Details: Enter your 'Mobile Number',
'Verification Code', and 'Date of Birth'. If the information provided is
correct, your business address will be verified and you will receive a
confirmation message.
If you lose the Verification Code, please contact bKash Customer Care for assistance.
