EBL launches dual currency UnionPay debit, prepaid cards

Published: 22:16, Sep 26,2020


Eastern Bank Limited has launched the country’s first dual currency UnionPay debit card and prepaid card, said a press release.

Cardholders can endorse up to $12,000 of the yearly travel quota limit to the newly launched cards.

These dual currency cards are accepted both locally and internationally and are good for e-commerce transactions as well.

Talking about the launch, EBL managing director and CEO, Ali Reza Iftekhar said ‘Partnering with UnionPay International is an honour. The result of the partnership is EBL introduces first dual currency UnionPayCard in Bangladesh.’

‘Through our partnership we will offer innovative and exciting propositions to cardholders in Bangladesh and offer them cashless and seamless banking experience,’ he said.

In addition to the UnionPay specific offers and benefits, EBL UnionPay debit and prepaid cardholders will be able to avail all the regular EBL debit and prepaid card product propositions.

Globally, UnionPay Cards are accepted at over 52 million merchants and more than 2.9 million ATMs across 179 countries. Almost all merchants and ATMs in mainland China accept UnionPay Cards. It has partnership with more than 2,300 institutions worldwide.

Locally, the cardholders will be able to use the debit and prepaid cards at all EBL ATMs and POS terminals across the country. 

More about:

Want stories like this in your inbox?

Sign up to exclusive daily email