On April 26, 2026, UnionPay International and Trust Bank, a leading commercial bank in Bangladesh, jointly announced the official launch of a co-branded UnionPay debit card. The event was attended by Wang Lixin, CEO of UnionPay International, alongside Trust Bank’s Chairman Waker-Uz-Zaman and CEO & Managing Director Ahsan Zaman Chowdhury.
The newly issued UnionPay debit card can be used across UnionPay’s global acceptance network, which spans 183 countries and regions. The card supports contactless payment functionality and can be linked to Trust Bank’s mobile banking app, enabling users to make QR code payments at tens of millions of UnionPay merchants worldwide. This initiative not only meets the daily payment needs of Bangladeshi residents but also offers more diverse payment options for those traveling to China or across borders, contributing positively to the enrichment of the local payment ecosystem and the expansion of consumer usage scenarios.
Wang Lixin stated that the card issuance partnership with Trust Bank represents a significant step by UnionPay to deepen collaboration in the Bangladeshi market and enhance the payment service system in South Asia. Leveraging its global acceptance network and mature technical capabilities, UnionPay will continue to improve payment services in Bangladesh and the broader South Asian region, streamline cross-border payment channels between China and Bangladesh, and deliver efficient and convenient payment experiences for travelers between the two countries, thereby supporting deeper regional financial cooperation under the Belt and Road Initiative.
Ahsan Zaman Chowdhury emphasized that Trust Bank is committed to providing secure and innovative payment solutions that enable customers to enjoy seamless global access. The UnionPay debit card, introduced through this cooperation, precisely meets the growing cross-border needs of Bangladeshi citizens in areas such as healthcare, education, and business travel. It offers customers a more premium and seamless integrated banking experience, further strengthening Trust Bank’s competitiveness in both the local and cross-border payment markets.
UnionPay has been actively developing the Bangladeshi market for over a decade and has established a comprehensive payment service system in the country. Currently, more than 90% of POS terminals and 80% of ATMs in Bangladesh accept UnionPay, covering key commercial districts, hotels, tourist attractions, and other major spending locations. In collaboration with local financial institutions, UnionPay has also launched multiple card products, with cumulative card issuance exceeding one million.
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