As nations implement stricter containment measures to keep their citizens protected, Mastercard has taken a leadership role by consulting with governments and industry partners across the Asia Pacific region to ensure consumers have sufficiently high limits for contactless payments, said a press release. Consumers simply need to look for the contactless symbol on the front or back of their cards to see if they can tap when they are checking out with their purchases. “Face-to-face transactions still need to happen, even in times as unusual as now. As of February 2020, contactless payments made up approximately 50% of Mastercard’s global card-present purchases, excluding the United States. Bangladesh Bank also increased the contactless credit card limit to Tk5,000 on March 19.

Source: Dhaka Tribune April 10, 2020 15:33 UTC