HSBC launches Visa Debit Cards

HSBC, in collaboration with Visa, launched the first HSBC Visa Debit Card in Sri Lanka, a media release said.

The launch delivers on the agreement signed by both parties late last year to offer HSBC Visa Debit Cards in several territories across the Asia Pacific region.

Sri Lanka is the first among twelve countries and territories to launch a new HSBC Visa Debit Card in the region.

Three new HSBC Visa Debit Cards were introduced. These included the HSBC Visa Classic Debit Card and Visa Platinum Debit Cards for HSBC Premier and HSBC PowerVantage accountholders. The new HSBC Visa Debit Cards provide customers with direct access to their own funds to make purchases and payments in Sri Lanka and overseas, subject to daily limits.

Head of Cards and Insurance at HSBC James Rebert said, “We are delighted to launch this product in association with Visa. The introduction of HSBC’s Visa Debit Card underscores the Bank’s continued leadership in cards issuance. Through the Visa Debit Card, HSBC customers can enjoy the convenience of using their own funds to pay for purchases at any direct channel, as well as the merchant point of sale”.

Brian McGrory, Regional Head, Debit Products at Visa said, “We are excited that HSBC will kick off our regional agreement with the issue of its first HSBC Visa Debit Card in Sri Lanka. Our collaboration builds on our two global brands and payment expertise and will help HSBC provide an enhanced level of service and access to its customers.”