Soneri Bank one of the fastest growing banks in Pakistan with the mission to provide innovative and efficient financial solutions to their customers, has recently signed a contract for EMV Debit Card issuance system with InfoTel Pakistan; one of the leading card service providers in the market and a partner of Thales-e-Security Solutions. With the introduction of EMV technology which allows Soneri Bank to offer multi- application services to their customers and ensures top level security along with the flexibility to use Chip based Card for numerous functions.
To launch this new partnership, an agreement was signed by Mr. Amin A. Feerasta – COO Soneri Bank and Mr. Riaz Siddiqui – Managing Director InfoTel Pakistan at Central office of the bank in Karachi. The signing ceremony was attended by members of the management team of both organizations along with Mr. James Cook – Regional Sales Director of Thales e-Security.
Under the new agreement, Soneri Bank will enable its system to offer its customer EMV Compliant Cards in Debit category thereby providing them with the cutting edge Global Standards of high end security and increase functionality.
Speaking at the signing ceremony Mr. Amin A. Feerasta – COO Soneri Bank stated
“by complying to EMV, Soneri Bank will have a competitive advantage of issuing Chip based Debit cards thereby enabling them to be better equipped to offer more features and services in the days ahead. This agreement ensures that we partnered with a leading innovative player to provide our customers with high level of convenience, functionality and most importantly of security. Our objective is to provide our customers the best card products compatible locally and globally.”
On this occasion Mr. Riaz Siddiqui – Managing Director – InfoTel Pakistan stated that
“we will deliver the world’s best EMV technology i.e. Thales P3 which will provide customers with the highest possible security and the ability to add new applications during the cards lifetime and also prevent the bank from malicious activities.”
