The City Bank has allowed its American Express credit cardholders to repay their credit card bills from anywhere through bKash app seamlessly.
The newly launched service will facilitate clients by making repayments on time without waiting in queues at the bank counters, said a press statement on Monday.
It will reduce the extra workload at bank counters as well.
With this facility, the cardholders need not go out of the home during this countrywide shutdown because they could now safely repay credit card bills from home.
Any bKash user having the American Express credit card could avail of this opportunity. They could repay bills in taka and there is no repayment limit in this regard.
To avail of this service, cardholders will have to follow some simple steps.
In the bKash app, users would find the AMEX Credit Card Bill option in the 'Pay Bill' or 'Suggestion' segment. To repay the bill, a cardholder needs to enter his or her credit card number then bill amount and bKash PIN to complete the process.
In this respect, a 1% charge will be applied to the repayment amount. However, due to the promotional offer from bKash, cardholders will get a 1% instant cashback on the repayment figure up to Tk200 from April 26 to May 31 this year.
To know details, customers can visit https://www.bkash.com/amex_paybill.
Kamal Quadir, chief executive officer of bKash said, "During this Covid-19 emergency, we need to stay home and make digital transactions as much as possible. This service will ensure the safety of cardholders during this time because they will no longer need to go out of the home."
Mashrur Arefin, managing director and chief executive officer of City Bank said, "We brought American Express card in Bangladesh more than a decade ago and serving our customers with integrity. The partnership with bKash will lure many customers to use American Express card and will bring more opportunities for digital transactions in forthcoming days."
Currently, around 4 lakh AMEX credit card users in the country are there.