By launching the Vanik Classic and Gold Credit Cards in 1998 we became the only issuer in the market to have introduced a private label card accepted at a merchant network of around 3000 establishments across Dhaka, Chittagong and Cox’s Bazaar. This was soon followed by the introduction of the first co-branded card by Dhaka Bank under Vanik franchise. Encouraged by the popularity of our cards in the market we decided to further widen our horizon. As a result in 2005 we have obtained license from MasterCard International to introduce its globally recognized card products. We have since then successfully launched the LankaBangla MasterCard Gold and Classic Cards and achieved a significant increase in our cardmember base and also expanded the acceptance of our cards in the market.
LankaBangla MasterCard comes to you with ever growing range of benefits such as:
- Immediate acceptance at all MasterCard merchants in the country
- Cash Advance facility of 50% of credit limit from any MasterCard ATM in the country
- FREE Supplementary Cards (Upto 9)
- Interest Free Period of minimum 15 days to a maximum 45 days
- Interest calculated from posting date meaning you don’t have to pay interest on unbilled transactions
- CreditShield coverage ensuring zero liability in case of death of Cardmember
- FREE Accidental Death Insurance coverage of upto Tk. 300,000.00
- Payment of GrameenPhone and AKTEL bills by Standing Instruction
- smsQuery providing you your credit card account related information
- e-Statement
- Attractive Rewards Program
Merchant Acquiring
LankaBangla Finance started its acquiring business in 1998 and deployed POS machines in Dhaka, Chittagong, Cox’s Bazar and Sylhet. Since January 2009, we are providing POS services to Merchants located in Dhaka only. For details on new POS services, please call us at 9882268 or 9883701.
Third Party Processing
LankaBangla providing third party processing services for MasterCard issuers since 2005 and currently providing this service to two local banks. For information on third party processing, please call us at 9883701.
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