Business Desk :
Midland Bank PLC (MDB) launched the “Blind Notch Taka Pay Card” for its customers, during a simple ceremony held at the head office of the bank in the capital recently.
The Taka Pay Card is Bangladesh’s own payment card, introduced under the directives of Bangladesh Bank, aimed at reducing dependency on foreign currencies simplifying local transactions, says a press release.
Currently, the card can be utilized at POS (Point of Sale) and ATM machines. Bangladesh Bank has indicated that e-commerce transactions will be enabled soon. The card will make local market transactions more convenient and cost-effective. Taka Pay offers safe transactions for both online and offline payments. Transaction costs are expected to be lower compared to international cards.
