Mercantile Bank, Mastercard launch cards with attractive benefits

Mercantile Bank PLC and Mastercard have announced their collaboration to launch a comprehensive portfolio of new cards, offering unmatched convenience, benefits, and financial flexibility to cardholders in Bangladesh.

In this connection, a grand launching ceremony was held on Saturday (May 17th) at Radisson Blu Water Garden in Dhaka.

The event was attended by Dr Salehuddin Ahmed, Adviser, Ministry of Finance, as the chief guest. Md Zakir Hossain Chowdhury, Deputy Governor, Bangladesh Bank, and Md Anwarul Haque, Chairman, Mercantile Bank PLC, spoke on the occasion as special guests, while Mati Ul Hasan, Managing Director of Mercantile Bank, presided over the meeting.

Syed Mohammad Kamal, Country Manager, Mastercard; Dr Md Zahid Hossain, Deputy Managing Director and CBO; and Tapash Chandra Paul, CFO of the Bank, also spoke on the occasion.

Al-Haj Akram Hossain (Humayun), Vice Chairman; MA Khan Belal, Chairman, Executive Committee; Mohammad Abdul Awal, Chairman, Risk Management Committee; Al-Haj Mosharref Hossain, Director; Md Zakir Hossain and Shamim Ahmed, Deputy Managing Directors; Mostafizur Rahman, Head of Cards & ADC of Mercantile Bank PLC; Zakia Sultana, Director, Mastercard, along with senior officials from the bank and Mastercard, also joined the event.

The portfolio includes the Mastercard Titanium Credit Card, World Mastercard Credit Card, Mastercard Debit Card, Mastercard Platinum Global Debit Card, and a Mastercard Prepaid Card.

Equipped with contactless technology, dual-currency support, and secured by robust two-factor authentication, these cards offer cardholders a seamless and secure payment experience for both domestic and international transactions.

Cardholders can enjoy exclusive privileges on travel, lifestyle, and dining spends and avail exciting discounts and deals at Mastercard and Mercantile Bank PLC's 9,000+ partner merchant outlets across the country.

Additionally, they can withdraw cash anytime from domestic and international ATMs for uninterrupted access to funds.

Mati Ul Hasan, Managing Director, Mercantile Bank PLC, stated, "We are proud to partner with Mastercard to introduce a full suite of credit, debit, and prepaid card products under our newly acquired Principal Membership. These cards reflect our ongoing commitment to providing modern and customer-centric banking solutions. With enhanced features and extensive acceptance, the cards will enable our customers to experience unmatched convenience, security, and value. This initiative aligns with our broader goal of supporting Bangladesh's transition toward a cashless, digitally empowered society."

Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, said, "This launch marks a significant milestone in expanding Mastercard's network of issuing partners in Bangladesh. It also highlights the two entities' shared commitment to delivering innovative, secure, and rewarding financial solutions to consumers. These new cards enable Mastercard cardholders to enjoy a seamless and borderless payment experience, meeting their evolving needs and aspirations. Mastercard stands committed to furthering digital payments adoption among enterprises and communities across the country.”

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