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PITB indicators settlement with UBL as Companion/Settlement financial institution to facilitate PayZen digital funds

by Pakistan Latest News Update
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LAHORE – Punjab Data Expertise Board (PITB) on Thursday inked an settlement with United Financial institution Restricted (UBL) as Companion/Settlement Financial institution, to facilitate PayZen digital funds, in a ceremony held at Arfa Software program Expertise Park (ASTP). PITB’s Director Common (IT-Operations) Mr. Faisal Yousaf and UBL Head Digital Cash & Monetary Inclusion Mr. Tughral Aamir Turab Ali signed the settlement on behalf of their respective organisations. The settlement enumerates the service requirements for assortment/disbursement of PayZen Clients with the Companion Financial institution.

PITB representatives together with Extra Director Common (ADG) Mr. Khurrum Mushtaq and Mission Director Mr. Haroon Rasul Khokhar had been current on the settlement signing ceremony. Senior administration from UBL on the ceremony had been, Head Establishments Mr. Faisal Hussain, Cluster Head Lahore Mr. Amman Channa, Head of Department Banking Punjab North Mr. Zakaria Naseem Mir, Head of Operations Punjab North Mr. Kamran Ahmed Sheikh and Zonal Supervisor Rural Banking Mr. Muhammad Arif Naeem.

By way of this partnership UBL will facilitate PITB-PayZen prospects for digital assortment and funds by way of all of the digital banking channels. PITB’s PayZen platform will present newest technological facilitations to its prospects for execution of their monetary transactions. This will probably be a brand new period of digital revolution, as PITB and UBL shake fingers for digitalization of cash motion course of for public comfort. 



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