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Powering Bangladesh's Digital Economy
Mukto Pay is here to make digital payments simpler and more accessible while building a network that connects everyone in Bangladesh.
Bangladesh Bank Licensed PSP | Licensed August 2026
We have partnered with
The Mukto Pay Equation
Bangladesh's payment ecosystem, build on local reach, global expertise, trusted technology, and interoperable infrastructure.
Mukto Pay at a Glance
Entity
Neo PSP Limited
Neo PSP Limited
Neo PSP Limited
License
Payment Service Provider (PSP)
Payment Service Provider (PSP)
Payment Service Provider (PSP)
Regulator
Bangladesh Bank
Bangladesh Bank
Bangladesh Bank
License Date
August 2026
August 2026
August 2026
Parent
Banglalink Digital Communications Ltd.
Banglalink Digital Communications Ltd.
Banglalink Digital Communications Ltd.
Group
VEON Ltd.
VEON Ltd.
VEON Ltd.
Technology Partner
Huawei
Huawei
Huawei
Coverage
Nationwide
Nationwide
Nationwide
Commercial Launch
November 2026
November 2026
November 2026
Channels
Collections, Disbursements, Gateway, Merchant Payments
Collections, Disbursements, Gateway, Merchant Payments
Collections, Disbursements, Gateway, Merchant Payments
Why Mukto Pay?
Licensed by Bangladesh Bank
Operating in accordance with applicable regulatory requirements
Operating in accordance with applicable regulatory requirements
Operating in accordance with applicable regulatory requirements
Supported by Banglalink
One of Bangladesh's leading digital communication provider
One of Bangladesh's leading digital communication provider
One of Bangladesh's leading digital communication provider
Powered by VEON's Global Fintech Expertise
World-class best practices across five countries
World-class best practices across five countries
World-class best practices across five countries
Built on Bank-Grade Technology
Secure, scalable, and reliable infrastructure
Secure, scalable, and reliable infrastructure
Secure, scalable, and reliable infrastructure
Security at Mukto Pay
Security at Mukto Pay
Bank-Grade Encryption
Bank-Grade Encryption
Bank-Grade Encryption
All data protected with industry-standard encryption
All data protected with industry-standard encryption
All data protected with industry-standard encryption
Fraud Monitoring
Fraud Monitoring
Fraud Monitoring
Real-time detection and prevention
Real-time detection and prevention
Regulatory Compliance
Regulatory Compliance
Regulatory Compliance
Full adherence to Bangladesh bank and BFIU requirements
Full adherence to Bangladesh bank and BFIU requirements
Full adherence to Bangladesh bank and BFIU requirements
Secure Platform
Secure Platform
Secure Platform
Enterprise-grade security infrastructure
Enterprise-grade security infrastructure
Enterprise-grade security infrastructure
Who We Serve
Consumers
Consumers
Send money, pay bills, and make purchases from your mobile.
Send money, pay bills, and make purchases from your mobile.
Send money, pay bills, and make purchases from your mobile.
SMEs & Merchants
SMEs & Merchants
Accept digital payments with real-time settlements.
Accept digital payments with real-time settlements.
Accept digital payments with real-time settlements.
Enterprises
Enterprises
Simplify payroll, collections, and vendor payments.
Simplify payroll, collections, and vendor payments.
Simplify payroll, collections, and vendor payments.
Government Agencies
Government Agencies
Enable transparent and scalable public payments.
Enable transparent and scalable public payments.
Enable transparent and scalable public payments.
Frequently Asked Questions
What is Mukto Pay?
How Can I Open Mukto Pay Account?
What will you need to open a Mukto Pay Account?
Is there any cost to open a Mukto Pay Account?
What are the services I can avail from Mukto Pay Account?
Can I open a Mukto Pay Account with my Birth Certificate?
What will happen if I enter wrong PIN multiple times?
What should I do if I forget my PIN?
What should I do if I forget my PIN?
Is there any transaction limit for a Mukto Pay Account?
Can I make transactions for 24/7 using Mukto Pay?
Do I need a bank account to use Mukto Pay?
What do I do in case I send money to the wrong account?
How can I keep my Mukto Pay Account secure?
Can I use Mukto Pay without a smartphone?
How can I check the fee & charges of Mukto Pay?
Can I change my mobile number after Mukto Pay registration?
Can I get existing deno based offers from Mukto Pay app?
Can I purchase internet bundle packs from Mukto Pay app?
How do I contact Mukto Pay if I need any support?
Frequently Asked Questions
What is Mukto Pay?
How Can I Open Mukto Pay Account?
What will you need to open a Mukto Pay Account?
Is there any cost to open a Mukto Pay Account?
What are the services I can avail from Mukto Pay Account?
Can I open a Mukto Pay Account with my Birth Certificate?
What will happen if I enter wrong PIN multiple times?
What should I do if I forget my PIN?
What should I do if I forget my PIN?
Is there any transaction limit for a Mukto Pay Account?
Can I make transactions for 24/7 using Mukto Pay?
Do I need a bank account to use Mukto Pay?
What do I do in case I send money to the wrong account?
How can I keep my Mukto Pay Account secure?
Can I use Mukto Pay without a smartphone?
How can I check the fee & charges of Mukto Pay?
Can I change my mobile number after Mukto Pay registration?
Can I get existing deno based offers from Mukto Pay app?
Can I purchase internet bundle packs from Mukto Pay app?
How do I contact Mukto Pay if I need any support?
Frequently Asked Questions
What is Mukto Pay?
How Can I Open Mukto Pay Account?
What will you need to open a Mukto Pay Account?
Is there any cost to open a Mukto Pay Account?
What are the services I can avail from Mukto Pay Account?
Can I open a Mukto Pay Account with my Birth Certificate?
What will happen if I enter wrong PIN multiple times?
What should I do if I forget my PIN?
What should I do if I forget my PIN?
Is there any transaction limit for a Mukto Pay Account?
Can I make transactions for 24/7 using Mukto Pay?
Do I need a bank account to use Mukto Pay?
What do I do in case I send money to the wrong account?
How can I keep my Mukto Pay Account secure?
Can I use Mukto Pay without a smartphone?
How can I check the fee & charges of Mukto Pay?
Can I change my mobile number after Mukto Pay registration?
Can I get existing deno based offers from Mukto Pay app?
Can I purchase internet bundle packs from Mukto Pay app?
How do I contact Mukto Pay if I need any support?