Easy Payment System brings EMI benefits to Prime Bank cardholders

Prime Bank PLC has entered into a strategic partnership agreement with Easy Payment System, a payment solutions provider in Bangladesh, to introduce an EMI (Equated Monthly Installment) facility for its credit cardholders.

Joarder Tanvir Faisal, executive vice-president and head of cards and retail assets at Prime Bank PLC, and Md Delwar Hossain Khan Rajib, general manager of Easy Payment System, signed the agreement at the bank's head office in Gulshan, Dhaka recently, according to a press release.

Under the collaboration, Prime Bank credit cardholders will enjoy EMI benefits at more than 200 merchant outlets affiliated with Easy Payment System, making purchases more flexible and convenient.

The partnership will allow customers to convert their purchases into easy monthly instalments, ensuring greater financial comfort without straining their budgets, the release added.

AZM Fouz Ullah Chowdhury, senior vice-president and head of digital channels at the bank; Md Fahim Zawad Sakib, lead-strategic partnership at the payment solutions provider; along with other senior officials from both organisations, were also present.