iPay - Bangladesh for iPhone

iPay — quick introduction for Bangladesh

iPay launched as Bangladesh’s first electronic wallet service, designed to enable cashless transactions through a simple digital wallet. Customers can create an account using either a mobile number or an email address and manage payments without carrying physical cash.

Creating and topping up your wallet

Setting up an iPay account is straightforward, and funding the wallet supports common banking channels:

• Link bank accounts or use debit/credit cards to add funds instantly.
• Register with your mobile phone number or an email address to open an account.

Main ways to use iPay

iPay covers a wide range of everyday payment needs. Key capabilities include:

• QR code payments that require a PIN plus two-factor verification for each transaction, improving safety.
• Buying products and services at both brick-and-mortar shops and online merchants using your wallet balance.
• Sending balance to friends and family for peer-to-peer transfers.
• Recharging mobile phone credit directly from the wallet.

Security and transaction protection

Security is central to iPay’s design. Each transaction is protected by:

• A personal PIN and an additional two-step authentication.
• Encrypted QR-based payments to reduce fraud risk and verify merchant acceptance securely.

Alternative option to consider

If you’re evaluating other services, FamApp is commonly suggested as an alternative. It supports UPI and card spending and advertises low or no fees for many payment types, making it worth comparing depending on your needs.

Why this matters

By combining easy setup, multiple funding routes, everyday payment options, and layered security, iPay aims to simplify cashless payments across Bangladesh and encourage wider adoption of digital finance.