Bangladesh banks are seeing people ditch cash for plastic cards at record speeds. The central bank reports card use has exploded across the nation during recent years. Citizens grabbed 140 percent more debit and credit cards over five years. Transaction amounts jumped a massive 228 percent during the same period. Banks handed out millions of new cards to eager customers.
Debit cards became the clear winner among shoppers and workers. These popular cards grew from 19.4 million to 41.51 million users between 2020 and 2025. Credit cards saw decent growth from 1.5 million to 2.5 million holders. Prepaid cards shocked everyone with incredible 1,283 percent growth. These cards surged from just 550,000 to 7.6 million users.
VISA emerged as...