A sharp rise in Bangla QR transactions since July has raised concerns among industry insiders, including mobile financial service providers, who suspect that a portion of the surge may be driven by fake or suspicious payments rather than genuine purchases.

The Bangladesh Financial Intelligence Unit (BFIU) received 30,199 reports of suspicious financial activities and transactions in fiscal year 2024-25, up 74 percent from a year earlier and the highest number since FY21, according to its annual report.