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Bankladeshi bank to adopt TSYS Prime 4 for card management

With the upgrade, Premier Bank will launch a PA-DSS compliant dual-currency card with Bangladeshi taka and U.S. dollar billing accounts.

September 24, 2015

The Premier Bank Ltd. of Bangladesh and TSYS have signed an agreement under which bank will implement the latest version of the TSYS Prime payment solutions platform — Prime 4.

Premier Bank will use the PA-DSS compliant licensed software solution to manage its MasterCard and Visa card portfolios, covering retail credit, debit and prepaid cards, as well as multichannel acquiring.

Following the upgrade, the bank will also launch a new Premier Bank dual-currency card product — with dual Bangladeshi taka and U.S. dollar billing accounts — for international transactions.

"Prime 4's future-ready technology and business functionality will provide us with the technological agility to be successful in our market and make a difference to our customers," said Premier Bank Vice Chairman M. Imran Iqbal.