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Meezan Bank Extends Transaction Banking Services to M&P

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Meezan Bank has recently announced to extend its Transaction Banking services to Muller & Phipps (M&P), Pakistan. The agreement will give M&P access to Meezan Banks’ transaction portal called eBiz+. M&P will be offering their customers greater flexibility and higher organizational agility.

The partnership will help M&P automate its banking services and provide convenience to its customers. Moreover, it will also make cash flows more efficient and provide seamless integration to Muller & Phipps partners and clients via eBiz.

The agreement was signed by Mr. Kamran Nishat – MD & CEO, Muller & Phipps Pakistan and Mr. Muhammad Abdullah Ahmed – Group Head, Corporate & Institutional Banking, Meezan Bank at Muller & Phipps Pakistan’s Head Office, Karachi.

Mr. Abdullah Ahmed expressed his thoughts on the occasion,

“Meezan Bank and Muller & Phipps Pakistan are aligned on the path of digital transformation by enabling more convenient cash management services. This partnership will strengthen and drive innovative digital cash flow management for businesses and corporates in Pakistan and will speed up Muller & Phipps Pakistan’s cash collection cycle through automated streamlined processes; as a result, enhancing their overall customer experience in managing business operations.”

Mr. Kamran Nishat also commented,

“Muller & Phipps Pakistan has the critical mass infrastructure and unmatched reach across 75,000+ outlets in 975+ towns across Pakistan. We are excited to explore novel business opportunities in the Pakistani digital financial ecosystem in general and payments mechanisms in particular where Meezan Bank plays an important role. We believe that our collaboration with Meezan Bank will allow us both to bring in our strengths to promote digitization across different paradigms of the Pakistani business landscape.”

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