Mastercard, Mutual Trust Bank PLC (MTB) and Shamadhan Services Ltd (gpay) have launched a co branded prepaid card, expanding access to financial services in Bangladesh by combining the convenience of a digital wallet with the versatility of a card.
This new physical card seamlessly extends the utility of the gpay wallet into the physical world by mirroring the wallet's balance in real time. It offers cardholders the ultimate flexibility to transact across digital and physical touch points, making everyday fund access more convenient than ever, says a press release.
Designed to meet diverse payment needs, the card fully supports e-commerce, in-store purchases, QR transactions, ATM withdrawals, and contactless Tap and Go payments. To ensure complete financial peace of mind, users also receive real-time transaction notifications and instant balance updates for maximum control and visibility.
Syed Mahbubur Rahman, Managing Director and CEO of Mutual Trust Bank, said the partnership reflects MTB's commitment to innovation and customer-centric banking by offering a modern prepaid solution that combines banking and digital wallet services for greater convenience, security and flexibility.
Dr Ahmed Armaan Siddiqui, Chief Executive Officer of Shamadhan Services Ltd, said the co-branded prepaid card reflects the company's commitment to expanding access to digital financial services by integrating the card with gpaywallet for a seamless, real-time payment experience.
