BOC upgrades MasterCard Multi-Currency Travel Card | Page 2 | Sunday Observer

BOC upgrades MasterCard Multi-Currency Travel Card

18 July, 2021
The Bank of Ceylon’s Chairman Kanchana Ratwatte and the General Manager D.P.K. Gunasekera (Middle) officially launching the newly upgraded Multi Currency Travel Card. DGM International Treasury and Investment J.M.N. Jeewantha, AGM A.W.R. Thushantha and other bank officials are also in the picture.
The Bank of Ceylon’s Chairman Kanchana Ratwatte and the General Manager D.P.K. Gunasekera (Middle) officially launching the newly upgraded Multi Currency Travel Card. DGM International Treasury and Investment J.M.N. Jeewantha, AGM A.W.R. Thushantha and other bank officials are also in the picture.

The BOC Multi-Currency Travel Card - MCTC has been upgraded with benefits that add more security and convenience with Near Field Communication (NFC) and 3-D secure authentication service for e-commerce transactions. Convenient and secured the new ‘BOC MCTC’ upgraded feature will secure travelers from possible threats that could occur and use the card confidently.

Considering the need for overseas students to carry out their transactions conveniently, the Bank is offering “BOC MCTC” now under a special approval obtained through Central Bank of Sri Lanka. With the trust and stability built over the years, the “BOC MCTC” that is produced jointly with MasterCard International is accepted around the world to assist travelers to conduct their transactions seamlessly. Being a globally acclaimed technology company, MasterCard International is in the global payments industry and operate payments processing network, connecting consumers, financial institutions, merchants and businesses in more than 210 countries and territories. This Card can be used on ATMs, POS and for online transactions where “MasterCard” acceptance mark is present and card holder can enjoy dining, shopping and travelling whilst abroad or can use at Duty-free shopping outlets in Sri Lanka. This Card also replaces currency notes which may be exchanged at a loss when travelling across different countries. Carrying physical currency notes also leads to practical issues such as portability. BOC MCTC provides the user an ideal solution to manage exchange rate fluctuation and keep the traveler informed about transactions via SMS or email.

Provided with a secured EMV complaint chip that keeps the card information safe whilst using it in places where there could be a possible identification theft. On completion of each transaction SMS updates and notification alerts will be forwarded to the given telephone number of the user.

A smart traveler can use this update to keep a track of his/her expenses and manage the budget.

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