DHAKA: City Bank has struck a deal with UnionPay, one of the largest card payment companies in the world, to provide their card services for Bangladeshi customers.

With this new accord, more than 7 billion UnionPay cards can be compliant with country’s largest Point of Sales (POS) network under City Bank. 

Moreover, UnionPay users will get QR code and e-commerce transaction facilities. City Bank is the only bank in Bangladesh who has the capacity to accept cards from four largest international brands.

City Bank additional managing director Masrur Arefin and UnionPay International Chief Executive officer (CEO) Chai Xianbo signed the agreement on behalf of their respective organizations. 

City Bank deputy managing directors Kazi Azizur Rahman and Mahia Juned, Head of Card Mazharul Islam and general manager of UnionPay among other senior officials of both the organizations were also present at the accord signing ceremony.

BDST: 1925 HRS, NOV 20, 2018
AP