Empowering distributors with seamless and secure payments and global access
Mastercard in collaboration with Southeast Bank PLC. and SSL Commerz, has launched a co-branded SME credit card, designed exclusively for PepsiCo’s exclusive distributor Transcom Beverages Limited in Bangladesh. This marks PepsiCo’s first collaboration of this kind, bringing a seamless digital payment solution to its distributors, a press release said.
The new card aims to empower distributors with easy access to credit, seamless and secure digital payment experience, and efficient financial management tools to empower their purchasing ability along with up to 45 days of free credit facility.
This card will be uniquely tailored for the distributors, offering secure credit usage policy that strengthens credit management while enhancing their purchasing power to drive greater financial inclusion.
Md. Mahbub Alam, Additional Managing Director, Southeast Bank PLC., said, “Southeast Bank has always been dedicated to empowering businesses through innovative financial solutions. This co-branded card will help PepsiCo distributors manage finances more efficiently while promoting digital payment adoption.”
Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard, said, “Small businesses are the backbone of Bangladesh’s economic growth, and enabling their success is critical to shaping the future of commerce in the region. At Mastercard, we are delighted to collaborate with Southeast Bank, SSL Commerz, and PepsiCo to deliver SME credit solutions that transcend traditional boundaries. By connecting businesses to our global network and digital tools, we are not just facilitating transactions—we are driving transformation in an increasingly connected economy.”
Pranav Mehta, Managing Director, PepsiCo Bangladesh, said, “Our distributors play a vital role in driving our business success, and this collaboration with Mastercard and Southeast Bank reflects our commitment to their growth. This co-branded SME credit card will not only provide financial convenience but also strengthen the business ecosystem by offering our partners access to modern digital financial solutions.”
Sayeeful Islam, Managing Director, SSL Wireless, said, “At SSL Commerz, we are committed to driving digital transformation for businesses across Bangladesh. Our partnership with Southeast Bank, Mastercard, and PepsiCo reflects a shared vision to empower SMEs with smarter, faster, and more secure payment solutions. By integrating our robust digital payment infrastructure with this co-branded SME credit card, we aim to boost distributors’ financial agility and help them grow with confidence.”
The launch ceremony was attended by Md. Mahbub Alam, Additional Managing Director, Southeast Bank PLC.; Gautam Aggarwal, President, South Asia, Mastercard; Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard; Pranav Mehta, Managing Direcor, PepsiCo Bangladesh; Munish Dhawan, Country Manager, Beverages (Bangladesh, Nepal, Sri Lanka, and Bhutan), PepsiCo; Sayeeful Islam, Managing Director, SSL Wireless; Zakia Sultana, Director, Bangladesh, Mastercard; Jubaer Hossain, Lead – Merchant & Commerce, Bangladesh, Mastercard along with other senior officials from the four organisations.
