MCB Bank Enters into Alliance with Dawood Super Market for Digital Financial Services

Lahore: MCB Bank has signed a MoU with leading supermarket chain Dawood Super Market for the provision of financial services through its digital products, including the placement of ATM and POS machines inside the Super Market’s premises.

Dawood Super Market is a considered a premium destination for quality conscious consumers and is located in the heart of AutoBhan Road in Hyderabad, a major thoroughfare lined with the outlets of high-class brands. At the ceremony, Mr. Faisal Ejaz Khan, Chief Information Officer MCB Bank and Mr. Muhammad Azfar Alam Nomani, Head RBG South jointly launched the ATM Machine and POS Machines through inaugural transactions.

About MCB Bank:

MCB Bank, is one of the Largest & most Innovative banks in Pakistan. The Bank operates a strong and vast network of over 1300 ATMs, over 1300 branches in Pakistan and 11 branches overseas. MCB Bank was awarded ‘Best Bank in Pakistan, 2016 by Euromoney & Finance Asia’ and the bank continues to maintain a strong rating of AAA/A1+. With a customer base of over 06 million, it leads the banking & financial services sector in Pakistan and Customers across the globe have 24/7 access to MCB Bank via our World Class Internet Banking.

Source: https://www.mcb.com.pk/media-center/press-releases

Hot this week

Prime Minister Shehbaz Sharif Directs Fast Track Operationalization of International Standard Virtual Asset Regulations

PM Shehbaz Sharif meets PVARA Chairman Bilal Bin Saqib to expedite Pakistan virtual asset framework and launch AI powered digital economy initiatives.

IBM and MIT Launch Computing Research Lab to Advance AI and Quantum Hybrid Systems

IBM and MIT expand their partnership with the new MIT-IBM Computing Research Lab focusing on the convergence of artificial intelligence and quantum computing.

Pakistan Passport Offices Transition to Mandatory Cashless Payment System

Interior Minister Mohsin Naqvi mandates a 15-day deadline for all passport offices to adopt cashless payments to eliminate agent interference and improve transparency.

Cross-Border Payment Gaps Drain 1.6 Billion Dollars from Pakistan E-Commerce Yearly

A new Payoneer report reveals that Pakistan’s e-commerce sector loses $1.61 billion annually due to checkout inefficiencies and cross-border payment friction.

EFU Life Insurance Achieves 100 Percent Success in BCP Validation and ISO 27001 Alignment

EFU Life Insurance completes a comprehensive Business Continuity Plan validation exercise with a 100 percent success rate ensuring operational resilience and ISO 27001 compliance.

Topics

Prime Minister Shehbaz Sharif Directs Fast Track Operationalization of International Standard Virtual Asset Regulations

PM Shehbaz Sharif meets PVARA Chairman Bilal Bin Saqib to expedite Pakistan virtual asset framework and launch AI powered digital economy initiatives.

IBM and MIT Launch Computing Research Lab to Advance AI and Quantum Hybrid Systems

IBM and MIT expand their partnership with the new MIT-IBM Computing Research Lab focusing on the convergence of artificial intelligence and quantum computing.

Pakistan Passport Offices Transition to Mandatory Cashless Payment System

Interior Minister Mohsin Naqvi mandates a 15-day deadline for all passport offices to adopt cashless payments to eliminate agent interference and improve transparency.

Cross-Border Payment Gaps Drain 1.6 Billion Dollars from Pakistan E-Commerce Yearly

A new Payoneer report reveals that Pakistan’s e-commerce sector loses $1.61 billion annually due to checkout inefficiencies and cross-border payment friction.

EFU Life Insurance Achieves 100 Percent Success in BCP Validation and ISO 27001 Alignment

EFU Life Insurance completes a comprehensive Business Continuity Plan validation exercise with a 100 percent success rate ensuring operational resilience and ISO 27001 compliance.

1LINK Hosts Strategic Engagement Sessions with Member Banks to Streamline 1GO Raast Digital Payment Operations

1LINK (Pvt) Limited conducts industry engagement sessions with partner banks to align on operating guidelines for 1GO Raast P2M, POS, and eCommerce digital payment solutions.

OKX Launches Agent Payments Protocol to Power Full AI Business Cycles Across Global Blockchains

OKX introduces the Agent Payments Protocol (APP), an open standard enabling AI agents to handle autonomous commerce, negotiations, and escrow across multiple blockchains.

Meta Reenters Crypto Space with USDC Stablecoin Payouts for Creators via Solana and Polygon

Meta launches digital currency payouts for creators in Colombia and the Philippines using USDC on Solana and Polygon blockchains following new regulatory frameworks.
spot_img

Related Articles

Popular Categories

spot_imgspot_img