What is Nagad and how does it differ from bKash?

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Nagad is a mobile financial service operated by the Bangladesh Postal Department. It offers similar services to bKash — money transfer, bill payment, airtime purchase, and merchant payments. Nagad often offers competitive fees and has been growing rapidly since its launch. Key differences include the regulatory framework (postal service vs. bank subsidiary) and fee structures. Both services require National ID registration. Nagad has introduced features like digital savings accounts and micro-insurance.

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