VISA to launch office in Bangladesh

Leading payment technology company VISA has unveiled to launch a liaison office in Dhaka, Bangladesh.

The American multinational financial services corporation came up with the plan on Wednesday.

VISA is mulling to launch the office in Dhaka before the year-end.

Visa will staff a team of executives through whom it will introduce new services, drive social impact programs and participate in the economic growth of Bangladesh; one of the fastest growing economies in the world.

Chris Clark, regional president, Asia Pacific, Visa said, “Since commencing operations in Bangladesh in 1988, our business has played a distinct part in shaping the digital payment ecosystem in the country. From the humble magstripe card years back to the state-of-the-art tap and pay contactless cards, Visa has played a pioneering role in the market. Now as we partner with close to 50 banks, leading fintechs and processors who help cardholders make seamless payments across thousands of merchants, we believe it is an opportune time to leverage the explosive growth of digital payments through a team of Visa executives dedicated to Bangladesh,"

“Visa is committed to the digitisation of Bangladesh so consumers can make seamless, secure digital payments whether locally or when travelling abroad. We are truly excited about the potential the country holds and expect the local liaison office to further propel our market growth in years to come,” he added.


Dhaka/Firoz/AKA