PHOTO: PANORAMIO
KARACHI: In an initiative to enhance financial penetration and broaden access to formal financial services in Pakistan, HabibMetro Bank signed an agreement with 1Link (Guarantee), an interbank payment network service provider in the country to issue PayPak Debit Cards.
PayPak is the first domestic payment scheme in Pakistan that is aimed at providing an indigenous, cost-effective alternative to international payment solutions.
On the occasion, Habib Metropolitan Bank President & CEO Sirajuddin Aziz and Head of Operations Khadim Ali Nanji stated, "PayPak is an excellent local payments alternative that enhances the outreach of financial services in Pakistan. HabibMetro Bank is pleased to join hands with 1Link."
1Link CEO Najeeb Agrawalla said, "1Link welcomes HabibMetro Bank's initiative of issuing PayPak Debit Cards."
Published in The Express Tribune, June 17th, 2017.
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