Taka Pay Card launched by three banks in Bangladesh

[Bilal9]

The banks are BRAC Bank, City Bank and Sonali Bank​

A Taka Pay test card of BRAC Bank. Photo: Sakhawat Prince/ TBS

Three major banks of the country - BRAC Bank, City Bank and Sonali Bank- launched the national debit card 'Taka Pay Card' today.

These are the first three banks to launch the card after Prime Minister Sheikh Hasina unveiled its cover in a ceremony at Ganabhaban on Wednesday (1 November).

In a press statement on Thursday (2 November), BRAC Bank said the card can be used to withdraw cash from ATMs.

Besides, it can also be used in point of sales machines and e-commerce transactions.

The bank also said transactions will be conducted through Taka Pay Card through the National Payment Switch operated by the Bangladesh Bank.

"So this transaction will be safe, secure and reliable. It will be affordable, convenient and easy to use," it said.

According to bankers, the national debit card would reduce reliance on international card schemes like Visa and MasterCard.

The card will primarily be used for domestic transactions.

"This card will make the banking sector more technologically equipped and self-reliant. We and the entire nation are proud to launch Taka Pay, as it is Bangladesh's first national card scheme," BRAC Bank Managing Director and Chief Executive Officer Salim RF Hussain said.

He also said it will save the transaction cost of customers.

"We feel this is a big milestone for the banking sector, as it will help the country take a step towards Smart Bangladesh."

(Bilal's note: This scheme is another harebrained scheme by Hasina minions to control remittances spent from and deposited to govt. controlled banks and there by steal Billions. RAW sponsored scheme to control financial markets in Bangladesh. Plus being the security-unaware idiots these govt. people are, all accounts will be easily hackable by Indians, so there you go. No guarantee of deposits in case of hacking, like in most civilized countries)

 

[IndianLite]

The banks are BRAC Bank, City Bank and Sonali Bank​

A Taka Pay test card of BRAC Bank. Photo: Sakhawat Prince/ TBS

Three major banks of the country - BRAC Bank, City Bank and Sonali Bank- launched the national debit card 'Taka Pay Card' today.

These are the first three banks to launch the card after Prime Minister Sheikh Hasina unveiled its cover in a ceremony at Ganabhaban on Wednesday (1 November).

In a press statement on Thursday (2 November), BRAC Bank said the card can be used to withdraw cash from ATMs.

Besides, it can also be used in point of sales machines and e-commerce transactions.

The bank also said transactions will be conducted through Taka Pay Card through the National Payment Switch operated by the Bangladesh Bank.

"So this transaction will be safe, secure and reliable. It will be affordable, convenient and easy to use," it said.

According to bankers, the national debit card would reduce reliance on international card schemes like Visa and MasterCard.

The card will primarily be used for domestic transactions.

"This card will make the banking sector more technologically equipped and self-reliant. We and the entire nation are proud to launch Taka Pay, as it is Bangladesh's first national card scheme," BRAC Bank Managing Director and Chief Executive Officer Salim RF Hussain said.

He also said it will save the transaction cost of customers.

"We feel this is a big milestone for the banking sector, as it will help the country take a step towards Smart Bangladesh."

(Bilal's note: This scheme is another harebrained scheme by Hasina minions to control remittances spent from and deposited to govt. controlled banks and there by steal Billions. RAW sponsored scheme to control financial markets in Bangladesh. Plus being the security-unaware idiots these govt. people are, all accounts will be easily hackable by Indians, so there you go. No guarantee of deposits in case of hacking, like in most civilized countries)

Don’t be so paranoid!

You can set spending limits and bar online transactions and even bar some types of vendors.

It’s ludicrous that Bangladesh has a tiny digital footprint.

 

[Bilal9]

Don’t be so paranoid!

You can set spending limits and bar online transactions and even bar some types of vendors.

It’s ludicrous that Bangladesh has a tiny digital footprint.

The govt. will have full knowledge of your transactions and deposits.

Knowing these incompetent idiots, they have no controls/law over data privacy or data protection in Bangladesh.

No law like in the US where bank deposits are federally insured.

FDIC: Deposit Insurance

Learn how the FDIC protects insured deposits in the event of a bank failure and see which accounts are covered.

www.fdic.gov

Zero consequences for banks if they lose money or data.

 

[IndianLite]

The govt. will have full knowledge of your transactions and deposits.

Knowing these incompetent idiots, they have no controls/law over data privacy or data protection in Bangladesh.

No law like in the US where bank deposits are federally insured.

FDIC: Deposit Insurance

Learn how the FDIC protects insured deposits in the event of a bank failure and see which accounts are covered.

www.fdic.gov

Zero consequences for banks if they lose money or data.

Well! Then don’t use the cards!

No one is forcing you!

I certainly will use the cards given Bank notes are dirty and are disease carriers!

Filthy bank notes handle by filthy people!

 

[saif]

Filthy bank notes handle by filthy people!

In that case, Hasina is also a filthy person.

 

[Bilal9]

In that case, Hasina is also a filthy person.

This was a RAW initiative, I bet you guys dollars to donuts.

Online control of people's money is SOOOO easy.

This is another facet of her spying into people's personal lives.

Once you control people's money/finances, you control them by the balls.

Another important aspect is, these debit cards will be acceptable in India everywhere, especially Kolkata.

Plan to run Kolkata's city expenses using Bangladesh money, which is already 75% fact.

Another way Hasina will be funneling money to India. She is doing everything in her power to help India suck money from Bangladesh.

 

[@blue Ocean]

Well! Then don’t use the cards!

No one is forcing you!

I certainly will use the cards given Bank notes are dirty and are disease carriers!

Filthy bank notes handle by filthy people!

Introducing this pay card itself is a joint Hasina-India conspiracy. BD people should be aware of this because will make us naked and hungry.

@IndianLite, you are a great enemy of Bangladesh.

 

[saif]

This was a RAW initiative, I bet you guys dollars to donuts.

Another important aspect is, these debit cards will be acceptable in India everywhere.

Another way Hasina will be funneling money to India. She is doing everything in her power to help India suck money from Bangladesh.

This is a RAW supported long term plan to suck Bangladesh dry. I am sure their next plan is to introduce common currency between Bangladesh and India.

 

[saif]

BD people should be aware of this because will make us naked and hungry.

 

[X-ray Papa]

Introducing this pay card itself is a joint Hasina-India conspiracy. BD people should be aware of this because will make us naked and hungry.

@IndianLite, you are a great enemy of Bangladesh.

You are retarded

 

[@blue Ocean]

You are retarded

But, not as retarded as you are. You claim yourself a Hizrati mullah, yet you love when India conspires to derail BD economic efforts.

 

[Vikramaditya-I]

Looks like a knockoff of RuPay

 

[X-ray Papa]

Looks like a knockoff of RuPay

Rupay is use to buy cow pee, while pay card is use to buy daily items like food etc,
Big difference road shitters, big difference.

 

[Bilal9]

Some have been len-too already...

Like "goriber playboy model" Naila Nayem....

But she's a washed-up has-been these days.

She should be singing: "Jibon Joibon hoilooo kaala "....

Looks like a knockoff of RuPay

I am sure it is - Hasina's Indian advisers and Indian High Commission in Dhaka hatched the plan.

 

[saif]

Some have been len-too already...

Like "goriber playboy model" Naila Nayem....

But she's a washed-up has-been these days.

She should be singing: "Jibon Joibon kaala hoilooo"....

Are you talking about this Naila Nayem?