To experience cashless payments, Cardholders can pay by simply ‘tapping’ their Visa contactless credit card at contactless POS terminals. Cardholders will now feel safer to transact as they get to keep the card with themselves while making a payment transaction. These cards will be:
i) faster, as the cardholder does not need to swipe or dip the card or enter the PIN,
ii) safer, as the card remains in the cardholder’s hands while making a transaction, and
iii) convenient, as the contactless cards are widely accepted across the world. The maximum amount that can be transacted by tapping the contactless card is Tk.5,000. However, cardholders can transact more than Tk.5,000 with these cards, if they wish to, by dipping or swiping the card and entering their PIN.