Pakistan sees massive growth in its digital payment market

Pakistan sees massive growth in its digital payment market

Meezan Bank inks deal with BPC Banking Technologies to accommodate Pakistan's digital payments boom.

Business Bureau, Gulf Today

BPC Banking Technologies, the leading provider of digital payment solutions, has partnered with Pakistan's 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 state-of-the-art issuing and acquiring services for the bank.

Meezan Bank is Pakistan's first and largest 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 e-commerce 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