BRAC Banks Astha app hits transaction milestone

BRAC Banks Mobile App, Astha, has achieved a record monthly transaction volume, manifesting the apps popularity among customers as a day-to-day digital banking platform.
The mobile app has crossed Tk 10,000 crore monthly transaction in March 2024, which is a record in Bangladesh banking industry for a single month app-based transaction, says a press release.
In this month, more than 2.38 lakh customers used the app making 21 lakh transactions.
This transaction landmark came on the heels of two major milestone in 2023 - facilitating more than Tk71,000 crore transaction and roping in 5 lakh customers.Functionally rich, easy to use, safe and secure, the mobile app Astha enables customers to do banking transactions with just a few clicks.
Astha comprises a wide range of digital banking services and engagement tools, ensuring delightful customer experience, higher adoption rates and market impact.
In Astha, customers can choose from NPSB, BEFTN, and RTGS options while conveniently transferring funds to other banks without any charge. With NPSB and RTGS options, customers can instantly transfer funds to any bank in Bangladesh. Mobile wallet fund transfer, QR Code-based scan and pay, utility bill payment, and mobile recharge make life easy for customers.
Apart from fund transfer, Astha brings a range of facilities, including DPS, FDR, generating new PIN, changing existing PIN, resetting forgotten existing PIN, temporary card block etc. This mode of transaction ensures greater security as every transaction requires OTP to be sent to the registered mobile numbers/ email address.