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. Additionally, it unlocks digital wallet integrations, cross-border payments, and other innovative Mastercard digital services for faster, more secure everyday banking, a press release said.
The license handover ceremony was also attended by Md. Zahid Hossain, Deputy Managing Director & CRO, Md. Nazmul Huda Sarkar, Deputy Managing Director & Head of IT & CTO, Mohd. Javed Tarek Khan, SEVP & Head of the Institutional Banking Division, Md. Rashed Akter, Head of Retail Distribution & Chief Bancassurance Officer from Midland Bank; and Sohail Alim, Director, Mastercard.
