Forex reserves’ import coverage strength at 6yr low: Mastercard

Bangladesh can now cover four months' import cost with its foreign currency reserves, which is the lowest in the last six years, according to the Mastercard Economic Institute. The information was revealed at a roundtable discussion on the "State of the Global, Regional, and Bangladesh Economic Outlook" organised by Mastercard on

Mastercard Experience Center Brings the Future of Commerce to Life

Making payments using solar credits, enjoying a football match in a virtual reality stadium, scanning a product to understand the ethics of its supply chain. These are just some of the next-generation technology propositions on display at the revamped Mastercard Experience Center (MEC) in Singapore. The refreshed facility services the

BRAC Bank, MasterCard introduce World Credit Card

BRAC Bank in partnership with MasterCard has launched the "World Credit Card," marking the debut of the first health and wellbeing-oriented MasterCard in Bangladesh, a press release said on Thursday. Cardholders of the new World Credit Card will have access to a wide range of health and wellness benefits, as well

Mastercard launches campaign ahead of Eid-ul-Adha and Cricket WC

Mastercard announced the launch of an exciting spend and win campaign to provide cardholders with priceless moments to celebrate cricket at the Cricket World Cup 2023 on Tuesday, a pess release said.  Titled ‘Free Hit to Cricket World Cup’, the campaign will offer an opportunity for the two highest spenders

SCB launches insurance tagged credit card 

Standard Chartered MetLife Assurance Credit Card (Assurance Card) with Mastercard – launches the nation’s first-ever card offering to provide customers with insurance coverage , a press release said on Thursday May 11, 2023. The newly introduced co-branded credit card enables users to avail insurance and lifestyle benefits in tandem. With

Mastercard, NBL launch multi-currency debit card

Mastercard and National Bank Limited (NBL) have launched a multi-currency Mastercard Debit Card for NBL customers for the first time in the country, a press release said Wednesday. The debit card will allow cardholders to make purchases in multiple currencies, providing a seamless and convenient way to manage funds while traveling

GP, Dhaka Bank, Mastercard launch two co-branded credit cards

Grameenphone has collaborated with Dhaka Bank and Mastercard to launch two co-branded credit cards for its subscribers, said a press release.The cards – World Card and Tayyebah Titanium Card – shall offer unique features to bring convenience to Grameenphone users’ travel and lifestyles. These are going to be the first

NBL, Mastercard launch LoungeKey programme

National Bank Limited (NBL) in collaboration with Mastercard has launched the Mastercard LoungeKey programme on 9 January 2023 at the head office of NBL, a press release said Monday. The programme provides NBL Mastercard Platinum cardholders the opportunity to access over 1,100 airport lounges across 120 countries worldwide. Md Mehmood

NBL gets MasterCard Excellence Awards

National Bank Limited (NBL) has been awarded with the 'Mastercard Excellence Awards-2022' for issuing 'Mastercard Contactless Card,' a press release said Sunday. Tipu Munshi, Minister for Commerce was present at the award distribution program as the chief guest on November 24, 2022. DMD, Hossain Akhtar Chowdhury accepted the award on

Mastercard launches co-branded cards for RMG sector

Mastercard and Bangladesh Garment Manufacturer and Exporters Association (BGMEA) launched prepaid cards for workers in the Ready-Made Garment (RMG) industry and the first-ever co-branded credit cards for BGMEA’s executives, a press release said Wednesday. By enabling RMG workers' wages to be digitally disbursed via prepaid cards, this initiative has the potential