bKash vs PI Banking

Introducing bKash App, with an elegant look, and exciting features, to make your life simpler and easier. Register a bKash account right from the app in a few minutes, add money from your bank account or card, and get going. Recharge mobile balance, scan QR to pay at your favorite stores, pay utility and other bills from home, send money to people, and get different lifestyle services, all in a highly secure mobile money app. Discover the best bKash offers near you, get suggestions from bKash on what services you can explore next, and use shortcuts for your most frequent transactions in bKash App. FAST ACCOUNT REGISTRATION No bKash account? No worry! You can now explore bKash App, its services, features, and offers without an account. After you are done exploring, you can register a new bKash account in a few minutes right from bKash App, using your National ID. ADD MONEY FROM BANK ACCOUNT & CARD Now you have an account, but you need money in it, right? Transfer funds instantly from your bank account or card, to any bKash account using the Add Money service. SUPER FAST QR TRANSACTIONS Use the Scan QR button in the home screen at stores and shops for Payment, at Agent points for Cash Out or with other bKash users for Send Money – faster and error-free. OFFERS NEAR YOU Get the best bKash offers at your nearest payment points, all in one place under the Offers section in your home screen. TRANSACTION SHORTCUTS In the My bKash section, use shortcuts for your most frequent transactions to make them faster. SUGGESTIONS FOR YOU Find suggestions from bKash on what other services, Merchants, billers, and other partners you can try out. INBOX – TRANSACTIONS & PROMOTIONS Access notifications on your latest bKash transactions and promotional offers, from the Inbox button at the bottom of your home screen. MOBILE RECHARGE Recharge mobile balance or pay postpaid mobile bills for all major mobile network operators very quickly using amount shortcuts: • Robi • Airtel • Banglalink • Grameenphone • Teletalk Let bKash App take care of latest offers and best deals of your mobile operator. View and purchase recharge-based Internet, Voice and Bundle offers of different mobile operators in Mobile Recharge. PAY YOUR BILLS Make payments for your monthly utility bills such as electricity, gas, internet, and other services, right from the comfort of your home. GET DIFFERENT LIFESTYLE SERVICES Want a one-stop-shop for your lifestyle needs? Let bKash app be your companion for food delivery, online shopping, bus, train, launch and air tickets, movie tickets, hotel booking for traveling, and many more. HIGHLY SECURE MOBILE BANKING We take the security of your bKash account very seriously. We send you an OTP to verify your bKash account during first log-in. bKash App also asks for your PIN during both log-in, and transactions. EASE OF ACCESS Use the app in either Bangla or English, and change between the two whenever you want. STATEMENT Exert greater control over your mobile wallet by accessing your detailed transaction history, and a monthly transaction summary. CHECK LIMIT Know how much more you can transact by having a real-time view of your transaction limits. ONE-TAP BALANCE CHECK Checking your balance is just a tap away. We also help protect your data by hiding the balance after a few seconds. GREATER TRANSPARENCY & CONTROL Have greater visibility over your bKash transactions – while entering the amount, you will see your available balance, auto-calculated service charge, and projected new balance – all before completing the transaction.

Software Development Division of Pubali Bank has developed a Mobile Application named PI (π) for banking services for our customers. PI Banking refers to Mobile Financial Service of Pubali Bank Limited that enables bank customers to access accounts and general Information on bank products and services through Mobile devices. The main intention behind the commencement of electronic banking services is to provide the customers with an alternative that is more responsive and with less expensive options. The reasons for selecting the name of Mobile Apps as PI (π) are as follows: a) It is short and can be remembered easily. b) Earlier smallest unit of currency was PI (BD) c) PI also implies money receivables. d) PI in mathematics is 22/7 = 3.1428571429… implies Possibility Infinite. e) PI Banking also stands for Pubali Internet Banking. In order to get the said services, customers will activate PI App by following steps: a) The interested customer will download and install the PI (π) Apps from App Store (iOS). b) The customers will submit information of Account Number, Name, Date of Birth, e-Mail, Mobile Number, Father’s Name and Mother’s Name through Apps. c) Concerned branch will verify the said information received through Pubali Integrated Baning System with the Physical Account Opening Form and approve when found matched. Branch will communicate with the customer and ensure genuineness. d) After verification from the branch end, ICT Operation Division will verify the information by communicating with customer for PI Banking user activation and activate accordingly. e) Upon activation, the customer will login at the first instance using his/her User ID and Password and giving some secret information provided by her/him earlier at the time of submission to ascertain the genuineness. f) The customer will change her/his Password after the first login and thereafter may change the password frequently at her/his discretion. The services provided to our customers through Mobile App are furnished below: A) Non-transactional features: - My account (Balance of the Accounts) - Last 5 (five) transactions (this is configurable i.e. customers may increase the number of transactions) - Viewing account statements. - Payment status of issued cheques - Cheque book requisition - Stop payment of cheque - Submitting Positive Pay Instruction B) Transactional features: - Fund Transfer - Between the Pubali Bank’s accounts - Between the Pubali Bank and other Bank’s through NPSB, BEFTN and RTGS - Mobile recharge (Postpaid or Prepaid) - Bills Payment - Card Management as Card Bill Payment, Card Statement - Fund Transfer (Any Bank) - Card to Card - Card to Account - Card to MFS - Credit Card Bill Payment - E-Commerce Enable or Disable (On Process) - Fund Management (On Process) - Creating FDR/ any deposit account - Encashment - FDR or Recurring Deposit A/C fund transfer to source A/C (SB, CC, CD,SND) Security of the transmitted data through Internet: To establish security of transmitted data by the customers in our system through internet and to ensure protection against unauthorized disclosure, alteration and fraudulent activities, we are receiving the service of “Sectigo” under license agreement. Thus the transmitted data is being protected through encryption enabled by a Server's Digital Certificate using the software “Sectigo”. This is widely used for security solution of web-server. It incorporates both authentication and encryption. Moreover, the server for the aforesaid banking system has been protected by the well reputed CISCO Firewall, Intrusion Prevention System (IPS) and Intrusion Detection System (IDS) to guard against intruders in the system.