Meezan Bank will become the 4th Pakistani Bank to launch Debit Card with PayPak domestic payment scheme to help customers.
According to the 2020 vision of State Bank of Pakistan 1Link introduced the PayPak domestic payment scheme which is being appreciated and widely accepted by local banks.
Previously Bank Alfalah, Allied Bank Limited and Askari Bank launched their debit cards with the new domestic payment scheme. This initiative will be helpful in enhancing the financial sector and will include more people in the banking network then before.
This card will be used at 1Link powered ATMs and can also be used in outlets and shops for payment.
The CEO of Meezan Bank Ariful Islam said: “The launch of PayPak Payment Scheme is an excellent initiative and will InshAllah develop the payment industry in Pakistan. It will help in increasing the usage of plastic money as well as broaden access to financial services in Pakistan. Meezan Bank is glad to adopt the new payment scheme that will transfer benefits to every citizen of Pakistan”.