Midland Bank PLC has received an affiliated membership license from Mastercard.
Md Ahsan-uz-Zaman, Managing Director and CEO of Midland Bank, receives the license from Syed Mohammad Kamal, Country Manager of Mastercard Bangladesh, at a ceremony held at the bank’s head office in Dhaka on Sunday, February 1.
This partnership establishes Midland Bank as a Mastercard-affiliated member, enabling the bank to issue Mastercard credit, debit, and prepaid cards, and allowing customers to enjoy seamless ATM, POS, and e-commerce transactions worldwide, a press release said.
Additionally, it unlocks digital wallet integrations, cross-border payments, and other innovative Mastercard digital services for faster, more secure everyday banking.
Md Zahid Hossain, Deputy Managing Director and CRO, Md Nazmul Huda Sarkar, Deputy Managing Director and Head of IT and CTO, Md Javed Tarek Khan, SEVP and Head of the Institutional Banking Division, Md Rashed Akter, Head of Retail Distribution and Chief Bancassurance Officer from Midland Bank; and Sohail Alim, Director, Mastercard, also attended the license handover ceremony.