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Cellfin, the omni-channel banking app introduced by Islami Bank Bangladesh Limited in November 2020, has achieved huge popularity since its launch, says a press release.
Presently, the app boasts an impressive user base of 2.7 million individuals.
Cellfin is a comprehensive platform that provides a wide range of financial services. Upon registering on the app, users receive an instant virtual prepaid card powered by Visa or MasterCard.
Additionally, customers can also avail of a virtual dual currency prepaid card. Any person, whether account-holder or not, can use the app. It can be used from the USA, Singapore, Australia, as well as a number of Middle Eastern and European countries.
Cellfin works on electronic KYC mechanism allowing users to open various types of IBBL accounts without going to branches. They can manage their savings account, check account balance, view statement and transactions. Moreover, they can place requisition for cheque book.
Cellfin provides different types of payment and transaction services. Customer can transfer funds instantly to any bank's account, card or MFS service such as mCash, bKash & Nagad.
Adding money is available from any bank's card, IBBL savings account or mCash.
Cash-in or out is accessible from IBBL branch/sub-branch, ATM/CRM or Agent outlet. Money can be sent as cash-by-code to person without card/account who can withdraw it through ATM. Customers can also receive foreign remittance with secret PIN or through VISA Direct channel.
Other features of Cellfin include e-commerce payment (QR code/Online Gateway), mobile recharge, buying tickets and school-college fees payment. Bills for various utility services (DPDC, DESCO, Dhaka WASA, NESCO, Palli Bidyut Prepaid, Titas & Jalalabad Gas) may be paid with ease.
Bill of Khidmah credit card may also be paid. Passport fees, VAT, Tax and different types of Govt. fees can also be paid through A-challan using Cellfin app. Indian visa processing fee can be paid through it. Complaint for failed Cellfin transaction may also be recorded.
Around 550,000 customers opened accounts in IBBL through Cellfin app. IBBL Cellfin app has also been playing a vital role in building a cashless society.