BRAC Bank has launched Quick Response (QR)-based transactions through the mobile app ‘ASTHA’ to provide its customers with the convenience of daily transactions.
It lets users scan a BRAC Bank QR or other banks’ QR displayed by the merchant points and make instant payments. The bank’s VISA, Mastercard, debit and credit cardholders can make payments with just a few taps using ‘ASTHA’.
BRAC Bank is the only bank providing reward points in QR transactions linked to the bank’s debit cards. The customers will earn one reward point for Tk 100 transactions made through QR platform. The customers can avail the payment service at more than 1,000 BRAC Bank QR merchants across dine-in, lifestyle, electronics, healthcare, departmental store, automobile and travel categories across Bangladesh,
Md Mahiul Islam, Head of Retail Banking of BRAC Bank, said QR payment makes the everyday transaction easy, fast and secured. It gives more convenience as the customers do not need to carry cards. This is a big step towards a cashless payment ecosystem. We strongly believe QR payment will play an essential part in paving the way for the country’s transition to a cashless society.
