BRAC Bank starts MasterCard acquiring on its ATMs

BRAC Bank Limited, one of the leading banks in Bangladesh now accepts MasterCard cards on its ATM network spread across the country.

BRAC Bank is one of the most innovative banks in the country with the vision to serve its growing customer base with new and cutting edge services via its rapidly growing ATM network.  The bank has very smartly put to use the available technologies to provide convenient and efficient banking services to its customers, thereby helping it increase its business in terms of increased revenue and customer base.

After several successful initiatives in a short span, the latest of its e-Banking motion is MasterCard debit and credit card acquiring on its ATM Network. MasterCard, one of the largest payment schemes in the world, serves over 24,000 financial institutions that have issued over 1.6 billion MasterCard debit & credit cards. Through this launch, BRAC bank welcomes almost 1.6 billion potential customers into its system to fulfill their e-banking needs.

“BRAC Bank has always been active in bringing solutions that the largest customer base of plastic cards in Bangladesh can enjoy. Joining MasterCard – a proven, global payments leader – enables BRAC Bank to bring another strong solution. This means, BRAC bank networks can now serve a larger card-base volume from both local and international MasterCard customers.” – Syed Mahbubur Rahman, Managing Director & CEO, BRAC Bank Limited.