Bangladesh is in MFS industry since 2011. Money transfer from one locality to another part of the country has become very easy. With permission from Bangladesh central bank, MFS companies like Bkash, Nagad and Rocket are playing vital role in the market. But highest cash-out charge, phone number hacking, cloning number, and shortage of customer service centers are the prime problems people facing every day. Government allowances are disbursed to the beneficiaries (old age, visually impaired people, widow allowance) mobile wallet but they lose their fund due to trap of fraudulent people. This paper will focus the expectations, problems and highlight how the problems of MFS can be solved for future extension of the business.