ZCZC
BSS-16
BASIC-BANK-CARD
BASIC Bank launches contactless credit card
DHAKA, Dec 7, 2020 (BSS) – State-owned, BASIC Bank Limited has launched
dual currency contactless credit card.
Professor Dr Md. Abul Hashem, the chairman of the Board of Directors of
the Bank, today joined in a virtual opening ceremony, arranged by the Head
Office of the Bank, and inaugurated the card service, said a press release.
Managing Director of the Bank, Md Rafiqul Alam presided over the function
where directors of the Board, Md Shaheb Ali Mridha, Md Razib Parvez and Md
Rafiqul Islam participated at the program.
The senior executives and concerned officials including the Head of Card
Division also attended the function.
Dr Abul Hashem said that BASIC Bank marked progress of another step in
meeting customer demand in terms of technology oriented banking services.
With Visa, a card service of international branding, customers can make their
transactions easily both at home and abroad.
Md Rafiqul Alam said that BASIC Bank is the pioneer among all the State-
owned banks to launch Visa brand contactless credit card service.
The special advantage of this card in the present era of corona pandemic
is that transactions are possible without any touch of others. Our
cardholders will be able to enjoy speedy and easier transactions without
entering their cards at the POS terminal, he added.
It was informed that the service would make the transaction processes
faster, easier and more convenient for cardholders than ever before. In
addition, customers would get discounts at various outlets while shopping and
paying food bills.
There would be a real time SMS facility and e-alert service for
transactions to be taken place. This card uses an EMV chip, which would
facilitate maximum security for a transaction. In addition, up to 50 per cent
of the credit limit can be withdrawn in cash. Besides, money can also be
transferred to other accounts.
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