Pakistan-based Meezan Bank, BPC partner for digital payments

Tuesday 27 October 2020 14:46 CET | News

Digital PSP BPC has partnered with Meezan Bank to deliver its digital transformation agenda starting with the upgrade of its payment infrastructure. 

BPC’s SmartVista platform has been selected by Meezan to deliver issuing and acquiring services for the bank. Meezan Bank is a Pakistani Islamic bank with over 800 branches and presence in more than 240 cities. With the pandemic driving rapid adoption of digital services, and the fast growth of ecommerce in Pakistan, the bank is expected to foresee massive growth in channels and transaction volume. The bank’s move to invest in its digital payment infrastructure forms a part of its strategy to support both consumers and businesses during these challenging times, according to the official press release.

BPC’s SmartVista Switch solution will be used by Meezan Bank to manage the authorisation of payment transactions in real-time, across all channels. Using BPC’s SmartVista Card Management and Issuing solution, Meezan Bank will also strengthen the delivery of new payment instruments to its customers mainly used upon account opening, while also offering a more secure ecommerce experience. 

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Pakistan, Meezan Bank, BPC, digital payments, partnership, SmartVista, platform, issuing, acquiring, Islamic Bank, card management
Categories: Banking & Fintech
Countries: Pakistan
This article is part of category

Banking & Fintech

Industry Events