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

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Fintech and Banking Leaders to Convene in Riyadh to Rethink MSME Lending Models

Banking and fintech leaders will gather in Riyadh on February 10 to discuss structural challenges in MSME lending and explore scalable, data-driven credit solutions.

Topics

Punjab Makes Raast QR Payments Mandatory for Restaurants, Hotels, and Beauty Parlours

Punjab Revenue Authority has mandated Raast QR code–based digital payments for restaurants, hotels, and beauty parlours, requiring SBP-linked QR accounts within 14 days to enhance transparency and documentation.

Bithumb Accidentally Distributes $44 Billion in Bitcoin, Sparks Market Volatility and Regulatory Action

South Korean crypto exchange Bithumb mistakenly distributed over $40 billion worth of bitcoin as promotional rewards, causing a sharp selloff and prompting regulators to review crypto exchange controls.

ABHI Microfinance Bank Drives Pakistan’s Fintech Growth with Embedded Finance and Payroll Technology

ABHI Microfinance Bank, a Special Technology Zones Authority enterprise, is transforming Pakistan’s digital finance ecosystem with API-driven embedded finance and real-time payroll solutions.

Dr Kabir Ahmed Sidhu Assumes Charge as SECP Chairman, Sets Reform-Driven Agenda for Pakistan’s Financial Sector

Dr Kabir Ahmed Sidhu takes charge as SECP Chairman, pledging reforms in insurance, capital markets, non-banking finance, and digital transformation to enhance financial inclusion and economic growth.

Fintech and Banking Leaders to Convene in Riyadh to Rethink MSME Lending Models

Banking and fintech leaders will gather in Riyadh on February 10 to discuss structural challenges in MSME lending and explore scalable, data-driven credit solutions.

KWSC Launches Unified Mobile App and Migrates Bill Collection to 1BILL Platform for Real-Time Digital Payments

Karachi Water & Sewerage Corporation launches its Unified Mobile App and shifts bill collection to the 1BILL platform, enabling real-time digital payments, wider payment channels, and improved service reliability across Karachi.

LUMS Center for Digital Assets Research Partners with Binance Academy for Crypto Seminar

LUMS CEDAR, in collaboration with Binance Academy, invites participants to a seminar on cryptocurrency fundamentals, blockchain technology, and digital assets on 9th February 2026 at LUMS.

QSPL and Unikrew Solutions Join Forces for AI-Driven Digital Identity and Interoperable Finance

QSPL partners with Unikrew Solutions to enhance Pakistan’s digital financial ecosystem through AI-driven onboarding, biometrics, and interoperable agent-based services aligned with SBP’s Agent Interoperability Framework.
spot_img

Related Articles

Popular Categories

spot_imgspot_img