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Amex, CityMaxx cards embedded into bKash's 'Add Money'

TBP Desk
11 May 2024 21:15:39 | Update: 11 May 2024 21:49:25
Amex, CityMaxx cards embedded into bKash's 'Add Money'
Officials of bKash, Amex and CityMaxx at a launching ceremony at the City Bank's head office in Dhaka recently — Courtesy Photo

American Express (Amex) and CityMaxx cards have been added to bKash's Add Money service so that customers can easily add money to their bKash accounts from any Amex, CityMaxx credit, debit, or prepaid card issued in Bangladesh. 

As a result, Amex and CityMaxx customers will gain more access and freedom in their daily financial transactions by quickly bringing money to their bKash Wallet, according to a press release issued on Saturday.

The service was officially launched at the City Bank's head office in Dhaka recently, where bKash Chief Commercial Officer Ali Ahmmed and City Bank's Additional Managing Director Kazi Azizur Rahman; DMD and Head of Retail Banking Arup Haider and other senior officials of both organisations, were present.

With the addition of Amex cards to the Add Money network of bKash, millions of its customers can now instantly add money into their bKash accounts, which enables them to conveniently make payments at over six lakh bKash merchant points across Bangladesh. Alongside that, Amex customers will get the opportunity to carry out almost all of their daily financial transactions, including sending money, all types of utility bill payments, mobile recharge, paying fees of educational institutions, ticket purchasing, various government fee payments, donation sending, insurance premium payment, savings, and other services.

The release explained that to add money from Amex and CityMaxx cards, a customer has to select the 'American Express' icon by tapping on the 'Card to bKash' icon from the Add Money option in the bKash app. After that, the recipient has to select their own or loved one's bKash account number, enter the transaction amount and proceed to the next step. Customers need to complete the process by providing Amex card details, OTP and bKash PIN number. 

Upon completing the process, transaction amount will be transferred to the bKash account instantly. Customers can also save multiple Amex card details in the bKash app for future transactions. Amex, CityMaxx debit and pre-paid card users can add money to bKash wallet without any charges, credit card users need to pay one per cent service charge.

Ali Ahmmed said, "This facility of adding money to bKash account from American Express cards will further strengthen country's digital financial ecosystem through enhanced collaboration among banks, cards and mobile financial services. Now, Amex debit, credit and pre-paid card customers can fulfil their daily transactional needs through adding money to their bKash wallets, making the use of the card more versatile and efficient."

Arup Haider said, "This joint initiative of City Bank and bKash will encourage a large community to engage more in digital financial transactions. We're proud to offer an easy solution to American Express card members and grateful to bKash for trusting City Bank."

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