Tag: MasterCard

Mastercard and Inov8 boost cashless payments with the launch of Pakistan’s first super app ‘FonePay’

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PR: Paying for meals, groceries, transportation, and other everyday transactions more convenient with Masterpass QR. In a collaboration aimed at driving the wider adoption of cashless payments in Pakistan, Mastercard, a leading technology company in the global payments industry, and Inov8 Limited, one of the fastest growing financial technology companies in the region, have teamed up […]…Read More

Soneri Bank launches debit MasterCard

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article image STAFF REPORT KHI: Soneri Bank Limited and MasterCard have launched MasterCard Debit Cards for the bank’s customers. The deal allows Soneri Bank customers to exclusively leverage the power of MasterCard’s global presence to enjoy anytime, anywhere access to cash as well as numerous local and international merchant locations. The card exclusively issued by the Bank will come equipped with the latest technology to ensure safe and secure transactions, and will offer cardholders a…Read More

MasterCard Internet Payment Gateway comes to Pakistan

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article image STAFF REPORT ISB: Keeping in view the rising trend of e-commerce; Bank Alfalah and MasterCard have formed allegiance under an agreement to bring MasterCard Internet Gateway System (MIGS) to Pakistan in order to fill the fissure of e-payment platform in the country. MIGS will connect cyber merchants with potential customers while accepting the credit cards on the internet. The remittance will be transferred to the beneficiary`s account directly. Atif Bajwa, President and CEO, Bank…Read More

MasterCard Internet Payment Gateway comes to Pakistan

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article image STAFF REPORT ISB: Keeping in view the rising trend of e-commerce; Bank Alfalah and MasterCard have formed allegiance under an agreement to bring MasterCard Internet Gateway System (MIGS) to Pakistan in order to fill the fissure of e-payment platform in the country. MIGS will connect cyber merchants with potential customers while accepting the credit cards on the internet. The remittance will be transferred to the beneficiary`s account directly. Atif Bajwa, President and CEO, Bank…Read More

HBL signs deals with MasterCard, Monet for mPOS service

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STAFF REPORT KHI: HBL, Pakistan’s largest commercial bank, has signed deals with MasterCard and Monet for the rollout of the first Mobile Point-of-Sale (mPOS) service in the country. Faiq Sadiq Head, Payment Services, HBL, and Aurangzaib Khan, Country Manager - Pakistan and Afghanistan, MasterCard, and Ali Abbas Sikander, Chief Executive Officer, Monet, signed the agreements. The mPOS solution will enable micro and small merchants to accept credit, debit and prepaid cards as payment, and…Read More