Daraz and Visa Collaborate to Introduce Co-Branded Card
Daraz, a leading e-commerce marketplace in Bangladesh, and Visa, a global leader in digital payments, have announced an exciting partnership to introduce a co-branded card. The collaboration aims to create a seamless payment solution for all Daraz customers and revolutionize the online shopping experience by offering exclusive benefits on credit and prepaid cards.
According to a press release, this partnership between Daraz and Visa promises an enhanced shopping experience for millions of customers, providing convenience, security, and rewards. The managing director of Daraz Bangladesh, Syed Mostahidal Hoq, described the partnership as a game-changer that will redefine how customers shop online, offering exclusive benefits and a seamless payment experience..
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The country manager of Visa Bangladesh, Nepal, and Bhutan, Soumya Basu, expressed delight in working with Daraz as a longstanding partner to revolutionize the online shopping experience. Basu also mentioned the introduction of the co-branded card proposition, available in physical and digital forms, which offers enhanced rewards and benefits to Daraz shoppers. The co-branded cards provide value additions that help merchants build customer loyalty, expand revenue streams, and grow their businesses.
Once affiliated with an authorized card issuer bank, customers will have the opportunity to obtain the co-branded card. The card aims to offer special discounts, cashback offers, and exclusive access to promotions and events while ensuring secure, swift, and hassle-free transactions. This helps build consumer trust when making online purchases.
Source: The Business Post
