Nation Trust Bank launches new MasterCard in Sri Lanka
Sri Lanka's Nations Trust Bank is set to launch a MasterCard branded debit card, the Nations Trust Bank Shopping Card.
Sri Lanka’s Nations Trust Bank is set to launch a MasterCard branded debit card, the Nations Trust Bank Shopping Card.
Nations Trust operates 62 branches across Sri Lanka and will roll out the new card to replace the ATM card currently used by customers.
Deputy General Manager of Retail Banking Keshini Jayawardene said the card would was so called as it allows customers to shop with their cards without having to withdraw cash from an ATM.
She said: "All new customers will be issued with the new debit card which will function as an ATM card as well as a Shopping Card.
"It is a prestigious card to have in one’s wallet or purse. Nations Trust Bank will be issuing the top of the range Platinum Debit MasterCard and also the World Debit MasterCard which is considered to be the ultimate in the MasterCard range.
Customers will also be able to use their cards as an ATM card at any Master, Maestro or Cirrus ATM networks worldwide. Jayawardene said:
"This gives our customers access to over 1 million ATMs worldwide. The card can be used also at point-of-sale just like you use your credit card at any MasterCard accepted merchant globally."
Jayawardene also said that one of the benefits of the card was that customers will be sent an SMS whenever a transaction is made.
She went on to say that customers appreciate having a choice between credit and debit cards:
"In fact, current data shows that increasing numbers of people now prefer to use their existing funds through debit cards for shopping due to current global economic conditions.
"I think it is only right that at Nations Trust Bank we give our customers all the choices and the maximum convenience which they deserve, and have come to expect from us."
Jayawardene also said that customer benefits would include year round discounts while shopping in Sri Lanka and discounts on hotels and resorts.
"We are very excited about the forthcoming launch of the Nations Trust Debit Master Card and assure our customers both existing as well as potential that at NTB, one can always expect innovation, a superior level of service and the latest financial services and products," said Jayawardene.