NRB Bank PLC, in collaboration with Visa, launched Bangladesh’s first insurance-embedded Visa prepaid payroll card.
Combining secure salary disbursement with built-in insurance benefits, the card offers a smarter, safer, and more rewarding payroll solution for employees nationwide.
The product was unveiled at a ceremony held at the bank’s corporate head office Gulshan-1, Dhaka recently by Tarek Reaz Khan, managing director & CEO, NRB Bank, and Sabbir Ahmed, country manager of Visa, on behalf of their respective organizations in the presence of senior officials of NRB Bank PLC, representatives from Visa, and Arnab Paul, COO of Bimafy .
The Visa Prepaid Payroll Card has been introduced to provide employers with a secure, efficient, and fully digital method of salary disbursement.
Through this solution, organizations can transfer employee salaries directly to prepaid cards, enabling cardholders to conveniently access their funds through ATM withdrawals, point-of-sale purchases, online transactions and bill payments.
Speaking at the event, Tarek Reaz Khan, managing director & CEO, NRB Bank said: “The launch of Bangladesh’s first Visa Prepaid Payroll Card represents another milestone in our commitment to innovation and Banking inclusion. This solution will simplify payroll management for employers while offering greater convenience, safety, and accessibility for employees.”
The newly launched payroll card is expected to particularly benefit industries with large workforce bases, including garments, manufacturing, retail, and service sectors, by reducing operational complexities associated with traditional cash salary distribution.
With this initiative, NRB Bank PLC continues to strengthen its role in supporting Bangladesh’s digital transformation and promoting modern payment solutions for businesses and individuals alike.
