Eastern Bank Limited (EBL), in collaboration with Mastercard, today (September 12) unveiled “WEAREBL,” a range of the country’s first revolutionary wearable payment device featuring cutting-edge NFC technology. 

Users can Pop, Tap and Pay – all in one stylish device by upgrading their phone into a payment powerhouse with a pop-socket. This wearable payment device launched by EBL, named “Phone Grip,” offers seamless integration into the user’s daily routine, providing hassle-free, secure, and efficient contactless transactions that simplify life and amplify style. 

By using this stylish wearable device equipped with contactless payment options, Mastercard cardholders will be able to make safe, secure and fast transactions. This first-of-its-kind product will meet the rising demand of contactless payment solutions for Bangladeshi users.

The launch ceremony was attended by the Chief Guest Muhammad Abdul Mannan MP, Honorable Minister, Ministry of Planning, Government of the People’s Republic of Bangladesh; Special Guest Md. Sharafat Ullah Khan, Director, Payment System Department, Bangladesh Bank; Ali Reza Iftekhar, Managing Director, Eastern Bank Ltd., Syed Mohammad Kamal, Country Manager, Mastercard Bangladesh and other senior officials from the respective organizations.

BDST: 1345 HRS, SEP 12, 2023
MN