Mastercard launches first-of-its-kind prepaid card to boost MVT in India

With the objective to simplify access to healthcare in India for Bangladeshi patients, Mastercard has collaborated with Bangladesh’s Eastern Bank PLC. (EBL) to power the launch of the first prepaid card for medical tourism.

The new dual currency card features exclusive offers, such as a 10% discount on in-patient hospital bills across 120+ hospitals in India, including top healthcare facilities in Bengaluru along with hospitals in Chennai, Kolkata, Ahmedabad, Jaipur, Lucknow, and other cities. It will also provide cardholders complimentary dental and eye check-ups, along with a complimentary city tour during their visit to India.

These offers are designed to enhance cardholders’ medical tourism journey along with hassle-free travel arrangements, no cost airport transfers in India, and access to Mastercard Flight Delay Pass, which provides enhanced airport experience.

To avail of these offers, cardholders will simply need to submit a treatment inquiry on a dedicated web page by EBL and select the most appropriate treatment option and cost estimate from a wide network of hospitals in India. They will also receive comprehensive support services including assistance with medical visas, hotel accommodations, doctor appointments, and on-site support.

Cardholders will also get other exciting benefits, such as 24/7 cash withdrawals worldwide.

Speaking about the significance of the launch, Gautam Aggarwal, Division President, South Asia at Mastercard, said, “This collaboration reiterates Mastercard’s commitment to streamline domestic and cross-border payments in the healthcare sector. It also underlines the company’s vision of leveraging innovation to support new use cases, such as those combining healthcare and travel. Along with contributing to the growth of medical tourism to India, this new card will provide unmatched security and convenience to cardholders in Bangladesh.”

Ali Reza Iftekhar, Managing Director, Eastern Bank PLC., said, ‘We are proud to pioneer the first prepaid medical tourism card in collaboration with Mastercard, revolutionizing healthcare accessibility for our customers. With exclusive discounts on hospital bills, complimentary health check-ups, and curated travel experiences, we are committed to ensuring a seamless and rewarding medical tourism experience for our customers. This initiative reaffirms our position as a leader in customer-centric product and service solutions.” City Today