Bank of Punjab (BOP), one of the country’s leading financial institutions, with network of 664 branches and 655 ATMs across Pakistan, has signed an agreement with Mastercard, a leading technology company in the global payments industry. The partnership will see the bank’s customers in the region and across the globe benefit from a new range of electronic payment products.
The agreement will see BOP issuing Mastercard debit and credit cards to its customers and enable point-of-sale (POS) and e-commerce acquiring, utilizing Mastercard’s industry-leading Mastercard Payment Gateway Services platform.
Representatives from BOP attended the signing ceremony, including Zahid Mustafa – Group Chief, Consumer & Digital Banking, Asim Qureshi – Head Cards, Syed Shahzad Shahid – Head of Digital Banking and Rai Usman Mujahid – Head of Customer. From Mastercard, the event was attended by J.K. Khalil – Country General Manager for MENA East and Nabeel Ahmad – Director of Business Development, Pakistan.
Addressing the participants, Mr. Zahid Mustafa said: “Cards and payments are critical components of our digital banking strategy to provide ease and convenience to our customers.
We have developed a strong value proposition for our cards with the help of Mastercard as we seek to give value to our customers with every transaction.
