Published Date : 7/7/2025Â
Mastercard has taken a bold step in the financial technology sector by launching Bangladesh’s first biometric metal credit card, in partnership with Eastern Bank. This high-end offering, part of the World Elite Mastercard portfolio, represents a significant leap in secure payment solutions. The card features a fingerprint sensor embedded in its metal body, allowing users to authenticate transactions with a simple touch. This innovation not only enhances security but also streamlines the payment process, eliminating the need for PINs or handwritten signatures. n nThe biometric technology behind the card is powered by a collaboration between Mastercard, Idex Biometrics, Kona I, and Infineon Technologies. These companies have worked together to ensure that sensitive data remains securely stored on the card itself, reducing the risk of fraud. This development follows a major announcement by Idex Biometrics in December 2023, which highlighted the growing demand for biometric payment solutions in Asia. The integration of fingerprint authentication into a metal card marks a new era for secure, contactless transactions in Bangladesh. n nEastern Bank has taken a proactive approach to make the card accessible to its customers. The bank provides a home-registration kit, enabling users to enroll their fingerprints without visiting a branch. Once registered, only the cardholder’s unique biometric pattern can activate a transaction, ensuring that unauthorized users cannot access the card. Additionally, Mastercard Identity Theft Protection offers continuous monitoring of the web for data breaches, providing cardholders with real-time alerts and recovery assistance. This feature adds an extra layer of security, giving users peace of mind in an increasingly digital world. n nThe World Elite Mastercard also comes with a range of lifestyle benefits through Mastercard’s Priceless Specials platform. Cardholders can enjoy complimentary stays at luxury hotels, access to over 46 premium golf clubs, and entry to 1,300 airport lounges. The card also includes around-the-clock concierge services, making it a coveted option for high-net-worth individuals. However, it is important to note that the card is offered by invitation only, as stated on Eastern Bank’s website. This exclusivity ensures that the card remains a symbol of prestige and security. n nThe launch of this biometric metal credit card has been met with enthusiasm from industry experts. Ali Reza Iftekhar, Managing Director and CEO of Eastern Bank, emphasized the significance of this innovation, stating,Â
Q: How does the biometric metal credit card work?
A: The card uses a fingerprint sensor embedded in its metal body to authenticate transactions. Cardholders enroll their fingerprints via a home-registration kit, and only their unique biometric data can activate the card, eliminating the need for PINs or signatures.
Q: What security features does the card offer?
A: The card stores sensitive data securely on the card itself and integrates Mastercard Identity Theft Protection, which monitors the web for data breaches and provides real-time alerts and recovery assistance to cardholders.
Q: Who can apply for this card?
A: The World Elite Mastercard is offered by invitation only, as stated on Eastern Bank’s website. It is designed for high-net-worth individuals who seek both luxury and enhanced security.
Q: What lifestyle benefits come with the card?
A: Cardholders gain access to complimentary hotel stays, premium golf club memberships, 1,300 airport lounges, and 24/7 concierge services through Mastercard’s Priceless Specials platform.
Q: Which companies collaborated on this technology?
A: The biometric solution was developed by Idex Biometrics, Kona I, and Infineon Technologies, with Mastercard and Eastern Bank spearheading the launch in Bangladesh.Â