FWBL and Mastercard to Launch Innovative Payment Solutions

FWBL and Mastercard to Launch Innovative Payment Solutions

First Women Bank Limited and Mastercard, a leading technology company in the global payments industry, have signed an agreement that will pave the way for the introduction of Mastercard’s innovative payment solutions to provide a safe, simple and secure payment experience to cardholders while creating a significant impact in the market in terms of financial inclusion through the only women’s bank in Pakistan.

The signing ceremony took place at the FWBL Head Office, where Ms. Tahira Raza, President & CEO – FWBL, and Mr. Aurangzaib Khan, Country Manager, Pakistan and Afghanistan, Mastercard, officially kicked off the project.

Speaking at the signing ceremony, Ms. Tahira Raza, said: “We are pleased to have started 2017 with this initiative as FWBL has always strived to stay true to its roots and provide convenient banking services to its customers. With Mastercard’s advanced technology, we aim to move further towards that vision with full use of the digital banking platform.”

“We are delighted to collaborate with FWBL to bring Mastercard’s innovative services and solutions to women in Pakistan and offer them a safer and more secure payment experience,” said Aurangzaib Khan.

About FWBL:

First Women Bank Ltd. is a unique financial institution, a Scheduled Commercial Bank, set up in 1989 by the Islamic world’s first woman Prime Minister Benazir Bhutto (Shaheed), who wanted a bank that would meet the banking needs of women.  First Women Bank Limited with a vision to create value for stakeholders, and contribute towards country’s economic development through main streaming woman by creating enabling environment as the dynamic agent of change and prosperity is intended to aggressively and effectively implement and use the technology to enhance the banking services to serve its customers and to emerge as one of the foremost financial institutions in the country and to focus on spurring an economic revival by endeavoring to meet the needs of tomorrow as well as today

About Mastercard:

Mastercard (NYSE: MA), www.mastercard.com,is a technology company in the global payments industry. We operate the world’s fastest payments processing network, connecting consumers, financial institutions, merchants, governments and businesses in more than 210 countries and territories. Mastercard products and solutions make everyday commerce activities – such as shopping, traveling, running a business and managing finances – easier, more secure and more efficient for everyone. Follow us on Twitter @MastercardMEA and @MastercardNews, join the discussion on the Beyond the Transaction Blog and subscribe for the latest news on theMEA Engagement Bureau.

Site last updated November 19, 2019 @ 5:53 am