In a recent development, the Bank of Punjab signed a partnership with Euronet Pakistan to cater for its Credit Cards and POS Driving Program which will be fully be automated and outsourced.
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Through this partnership, the Bank of Punjab will be able to offer its customers innovative Credit Cards and POS acquisitions in the local market. Moreover, this initiative also comprises Digital Merchant Onboarding, Loyalty & Rewards, Fraud Management, Credit Cards, POS & Merchant Management, and Payment Scheme Gateway Services. The Bank of Punjab also plans to utilize Euronet’s expertise and capabilities to provide OS Acquiring in Pakistan.
The solution is also expected to be hosted on Euronet’s data center facilities in Pakistan which are in compliance with global customer data protection, and data security standards.
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