The Bank of the Lao PDR attended the launch of the BCEL Mastercard Platinum Smart Pay credit card, which allows customers to convert purchases of goods and services valued at USD 500 to USD 10,000 per transaction into installment payments. Interest rates start at 0.65% per month. The card is intended to help customers manage cash flow without making a single large payment and without affecting their credit repayment history. It supports online, swipe and contactless payments through Electronic Data Capture terminals at merchants accepting Mastercard worldwide.
2026-08-28Bank of the Lao
Bank of the Lao PDR attends launch of BCEL Mastercard installment credit card
The Bank of the Lao PDR attended the launch of BCEL’s Mastercard Platinum Smart Pay card, which converts purchases of USD 500 to USD 10,000 into installments at rates starting from 0.65% per month. The card supports online, swipe and contactless payments at Mastercard merchants worldwide.