Dhaka, Dec. 15 -- Virtual cards accounted for 88 percent of all prepaid cards issued in September, underscoring the rapid growth of digital payment instruments in Bangladesh, according to data from Bangladesh Bank (BB).

This trend reflects the increasing preference for convenient, contactless, and secure payment methods, particularly among tech-savvy consumers and younger demographics, as well as the growing adoption of e-commerce and online financial services across the country.

Banks issued a total of 97.2 lakh prepaid cards during the month, of which 85.2 lakh were virtual. In contrast, issuance of virtual debit and credit cards remained limited. Of the 4.28 crore debit cards issued, only 10,439 were virtual, while just 2,664 of the ...