Eastern Bank Limited (EBL) has launched the country’s first contactless Visa debit and prepaid cards.
EBL Visa contactless cards were unveiled at the bank’s head office in Gulshan on Thursday, said a press release.
The contactless cards not only provide the convenience of contactless payment but also offer all the existing features of regular EBL debit and prepaid cards.
Contactless cards are faster ways to pay with the EBL cards for purchases up to Tk 3,000 at participating stores. Instead of inserting cards into the merchant terminal, only through simply tapping cards on the contactless terminal payment will be done without entering a PIN.
Other benefits include a dual currency facility, faster access to funds globally 24/7, an online bill payment facility, international and local shopping, and access to shops and restaurants throughout the globe.