
Mastercard, in collaboration with Mutual Trust Bank PLC and Pathao Pay, announced on Tuesday launch of a range of youth-centric prepaid cards, offering a personalised and superior payment experience, said a press release.
The new cards offer easy access to Pathao Pay without needing a traditional bank account, exclusive offers through Mastercard, versatile usage for online and offline purchases, easy one-touch payments via NFC, convenient ATM withdrawals and real-time transaction balance mirroring.
The new cards will allow Mastercard cardholders to enjoy secure and seamless payment experience both at home and abroad. They come in three designs — Starlit Horizon, Purple Haze and Sunshine Beach.
The cards will also enable Mastercard cardholders to withdraw cash from ATMs across the country. They are available in both physical and virtual forms.
Fahim Ahmed, managing director and chief executive officer of Pathao, said, ‘With Pathao Pay’s wallet-linked cards, a first-of-its-kind proposition in Bangladesh, cardholders will be able to transact the way they want, access funds when the need and manage finances as they like.’
Syed Mahbubur Rahman, MD and CEO of MTB, said, ‘Through the launch of this product, we want to empower our customers to avail the benefits they desire and enjoy every payment experience.’
Among others, Mastercard country manager — Bangladesh Syed Mohammad Kamal was present.
Starting Tuesday, select users with high spending history with Pathao Pay will gain an early access to Pathao Pay cards.