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Banks must display NPSB logo on ATM, POS

Banks must display NPSB logo on ATM, POS

Bangladesh Bank has issued a guideline for National Payment Switch Bangladesh (NPSB) logo for increasing customer services.

The central bank in a circular on Monday (Mar 11) said all the scheduled banks will have to display the logo in ATM booth, POS terminal and digital display within Jul 31 this year.

The banks will also have to use the logo in new proprietary card from Aug 1 as well as take necessary actions to use the logo in old ones.

In case of branded card, the banks should take necessary steps at the time of renewing the agreement with International Payment Scheme (IPS) for using the logo.

The logo will be used at the card’s bottom of right hand side. The logo will also be in the front side.

- Source: News agency