MasterCard Launches First Ever Reloadable Hajj & Travel Prepaid Card in Bangladesh with Premier Bank

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Dhaka, Bangladesh, 10 June 2014: MasterCard today launched a Reloadable Hajj Prepaid Card in Bangladesh in association with Premier Bank Bangladesh Ltd for pilgrims and Hajj Agencies. This is the first ever Reloadable Hajj Card to be launched in Bangladesh.

Premier Bank Ltd is a top issuer of prepaid cards for Hajj pilgrims & Hajj Agencies in the country.  It has branches across the country including all major cities like Dhaka, Chittagong, Cox’s Bazar, Sylhet, Comilla, Rajshahi and Rangpur. MasterCard Reloadable Hajj & Travel Prepaid cardholders will enjoy some exclusive benefits while using the card.

Dr. H.B.M. Iqbal, Chairman, Premier Bank, reaffirmed the commitment of Premier Bank to serve the Hajj pilgrims while delivering his speech as Chief Guest. He said, ‘’We are delighted to be able to provide the world class services to the Hajj pilgrims & Hajj Agencies through this MasterCard Reloadable Hajj Prepaid card. Pilgrims & Hajj Agencies will be able to remain stress free during their pilgrimage as they will not need to carry cash.” 

Commenting on the announcement, Vikas Varma, Area Head, South Asia, MasterCard said, “We are pleased to announce the launch of our first Reloadable Hajj Prepaid Card program with Premier Bank. This marks another important step in our efforts to expand the use of electronic payments among the people of Bangladesh. This product will enable MasterCard Hajj Prepaid cardholders to enjoy best in class privileges and make their payments securely and conveniently while participating in Hajj.”

Present at the event were Dr. H.B.M. Iqbal, Chairman, Premier Bank; B.H. Harun, Honorable MP & Chairman, Parliamentary standing committee for Ministry of Religious Affairs; Chowdhury Babul Hasan, Honorable Secretary, Ministry of Religious Affairs; K.A.M. Majedur Rahman, CEO & Managing Director, Premier Bank; Kazi Abdul Mazid, Independent Director, Premier Bank & President & General Secretary of Hajj Agencies Association of Bangladesh (HAAB) along with Vikas Varma, Area Head, South Asia, MasterCard; Syed Mohammad Kamal, Country Manager, Bangladesh and other senior Officials from MasterCard & Premier Bank.

Key features of the card are:

MasterCard Hajj Card for Hajj Agencies & Pilgrims 100% cash withdrawal Accepted at any MasterCard ATM & POS at Saudi Arabia SMS notification Zero Issuance Fee No bank account or credit report is required Carry government approved hajj travel quota amount in this card No hidden charge 24-hour customer service Easier return of residual amount

 

About MasterCard

MasterCard (NYSE: MA), www.mastercard.com, is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. MasterCard’s products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MasterCardNews, join the discussion on the Cashless Pioneers Blog and subscribe for the latest news on the Engagement Bureau.

About Premier Bank Limited

The Premier Bank Limited is incorporated in Bangladesh as banking company on June 10, 1999 under Companies Act.1994. Bangladesh Bank, the central bank of Bangladesh, issued banking license on June 17, 1999 under Banking Companies Act.1991. They extended their services with firm commitment to turn their prime motto “service first” into reality. They are committed to providing genuine value to their valued customers, partners, employees and communities.

Original author: Venture Liang