Daraz Bangladesh and Southeast Bank Empower Online Purchases

Daraz Bangladesh Limited, one of the largest e-commerce merchants in Bangladesh, has signed an agreement with Southeast Bank Limited (SEBL), allowing customers of the former to make online payments for purchases using Debit, Credit and Prepaid cards through SEBL Mastercard Payment Gateway Solution. SEBL Mastercard Payment Gateway Solution services, which is Mastercard’s Payment Gateway Solution, recently went live with Daraz.com.bd, providing Visa and Mastercard cardholders with faster and secure transaction processing facilities, available round the clock. Additionally, cardholders of Southeast Bank Limited can avail EMI facilities for up to 12 months, from Daraz Bangladesh Limited.

Mastercard Payment Gateway Services provides partners with a solution for e-commerce payment processing and fraud prevention. Through this platform, merchants can easily and securely accept a wide range of digital payment methods from all over the world. The Mastercard system ensures flawless payment processing for e-commerce transactions, across all kinds of cards, irrespective of the payment network.

S.M. Mainuddin Chowdhury, Additional Managing Director, Southeast Bank Limited said, “In order to ensure safe and streamlined transactions, Daraz Bangladesh limited is using SEBL Payment Gateway which offers a fast and secure transaction processing facility, and is available 24×7 with real time transaction processing capabilities. Now customers can purchase goods and services from daraz.com.bd and enjoy the convenience of SEBL Payment Gateway. We are proud to be at the forefront of Bangladesh’s journey towards a digital era.”

Syed Mostahidal Hoq, Managing Director of Daraz Bangladesh, said on this occasion, “with great pleasure, we are going to offer more advanced facilities to our beloved customers due to the agreement with Southeast Bank, one of the renowned institutions of the country, so that now everyone can easily complete the payment safely during online payment. Hopefully we will take more such steps in the future for customers’ convenience to make their journey more safe in terms of Payments. ”

Syed Mohammad Kamal, Country Manager, Bangladesh, Mastercard said, “E-commerce has seen exponential growth over the last few years. Mastercard is delighted to be the payment facilitator for Daraz, a company which accounts for substantial e-commerce transactions. With Mastercard Payment Gateway Solution, customers can now purchase products from Daraz Bangladesh conveniently, and more importantly, safely.”