bKash DPS | Innovation of new Business Plan

Faysal Khan (iamfaysal™)
2 min readDec 23, 2020

What is DPS?

The full abbreviation is ‘DPS’ and DPS is Deposit Pension Scheme. It’s like saving for the future is like a pension you earn over the span of your life. When you save a specific amount of money for a specific time and after that time, you can withdraw that money for your needs like a pension but you will get that money with some interest.

What is bKash DPS?

There is nothing new from the regular DPS we know but it will be in your bKash account instead of Bank. You will deposit money from your bKash and after some years, you will get the whole money as your pension.

From Where I got the Idea?

We all know bKash is the most popular and used mobile financial app in Bangladesh. One evening I was discussing some business development topic and in that topic we started to discuss bKash and I got the idea about how we can add some new service with bKash that will help people and make the revenue of bKash much more from now. At that time I got this idea called bKash DPS.

How Will People get benefited by bKash DPS?

We know most of the people use bKash as their personal financial app not only in town but also in the village. And there are lots of people who are uneducated but they use bKash, and they have trust on it. So this is the power of us. We can help people by giving this opportunity, and we know that people use local associations to save money, but if we have that opportunity in their mobile phone, that will be awesome.

How bKash/Brac Bank can be Benefited by bKash DPS?

When bKash will start this facility among the people, definitely they will get a huge amount of assets and it will be a huge revenue of bKash and Brac Bank. And although people are already using bKash, account verification will be easier cause bKash has their own Identity.

The Future of bKash DPS?

From my point of view, the future of bKash is bright, because with this service they will get an amount of money for a certain time and they can use it as an investment.

This is just a starting. Be connected with me for the update. Follow me on Behance, Dribbble, Instagram, Facebook.

--

--

Faysal Khan (iamfaysal™)

Sr. UX-UI Engineer at Softzino Technologies & Independent Contractor at Apple