Mastercard, Southeast Bank PLC and InstaSure Limited, have introduced a co-branded Titanium credit card and prepaid card featuring multiple insurance and healthcare benefits, such as low premium plans, quick claim processing and settlement, and cost-effective deals on health tests. The new cards offer affordable insurance plans with coverage up to Tk 500,000, including term life, accident, and disability insurance. Cardholders can access discounts on patholo- gy tests and radiological imaging and benefit from a switch on-switch off insurance feature via the Instasure platform. This collaboration aims to provide customers with comprehensive healthcare services at leading medical facilities and customizable insurance plans. The cards promise a seamless transaction experience with Mastercard's advanced payment security and additional perks.
Mastercard, PriyoShop & LankaBangla Finance PLC announced a first of its kind collaboration to introduce a co-brand- ed Titanium credit card for CMSMEs. The new card will reduce merchants' reliance on cash, provide them additional benefits, and help them build a digital footprint to easily access formal financial services. The LankaBangla - PriyoShop Co-Branded Titanium Mastercard credit card will enable over 5,000 merchants on the PriyoShop platform to seamlessly process digital payments through the PriyoShop platform and POS terminals, with additional merchants gaining access in subsequent phases.
Mastercard, Dhaka Bank PLC & Green Delta Insurance PLC recently announced its collaboration to introduce two co-branded credit cards - Titanium and World - offering both life and non-life insurance benefits to the customers, for the first time in the country. The cardholders will enjoy discounts on healthcare services, telehealth access, up to 60% off at hotels, and savings on lifestyle products. Insurance benefits include Tk 5-10 lakh coverage and discounts on medical services. Farzanah Chowdhury, Managing Director and CEO, Green Delta Insurance PLC, Sheikh Mohammad Maroof, Managing Director, Dhaka Bank PLC., and Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, were present at the inauguration event among other senior officials of the mentioned organizations.
Banglalink, in collaboration with Mastercard and Eastern Bank PLC, has launched three new co-branded cards: World Mastercard, Titanium Mastercard, and Prepaid Mastercard, exclusively for Banglalink's Orange Club members. These cards offer special privileges, such as waived issuance fees, global airport lounge access, and discounts through Mastercard's Priceless Specials and EBL's partner merchants. Erik Aas, Chief Executive Officer, Banglalink, Ali Reza Iftekhar, Managing Director, Eastern Bank PLC, and Syed Mohammad Kamal, Country Manager, Bangladesh, Master- card, emphasized how these cards provide Banglalink's customers with exceptional benefits and enhance the customer experience across lifestyle, travel, and dining.
Mastercard in collaboration with Southeast Bank PLC, and Zantrik Limited, has launched a prepaid card tailored for car owners. This innovative card provides exclusive benefits, including up to BDT 3,000 savings on repair work, BDT 5,000 discounts on LPG conversion with no-cost EMI, and 20% off on roadside assistance. Additionally, cardholders can enjoy complimentary foam washes twice a year, no labor charges for engine oil replacement, free annual vehicle health and AC check-ups, and 15% off on first-party car insurance. The card also unlocks special deals on the Zantrik platform and access to offers at over 8,000 Mastercard partner outlets nationwide.
The Mastercard Excellence Awards 2024, themed 'Leading by Resilience', honored 26 organizations across 18 categories for their exceptional contributions to financial inclusion and strengthening Bangladesh's digital economy. The sixth edition of the awards, held in Dhaka. Dr. Ahsan H. Mansur, Hon'ble Governor of Bangladesh Bank was the Chief Guest, and Trishita Maula, Acting Deputy Chief of Mission, US Embassy in Dhaka, as Guest of Honor. CEOs of leading banks, fintechs, and merchants also participated in the event. Since its inception in 2019, the awards have recognized industry leaders driving digital payment adoption. Operating in Bangladesh since 1991, Mastercard continues to collaborate with public and private stakeholders to enhance the nation's digital ecosystem.
