Karachi, August 24, 2023 — Haball, the leading provider of digital supply chain payments solutions, and Telenor Microfinance Banks, one of the largest microfinance banks in Pakistan, in collaboration with Meezan Bank Limited, have signed an agreement for Automation and Digitalization of Payments. The signing ceremony was held at Haball’s head office, Karachi.
Through this partnership, Telenor Microfinance Bank’s distribution network of 170,000 registered retail touchpoints nationwide will be able to make payments digitally from any of the banking channels within Haball’s network. This partnership will also automate retail payment collections end-to-end.
“We are excited to partner with Telenor Microfinance, through our trusted partner Meezan Bank, to enable our retailers to make payments from any of the banking channels within Haball’s network. This partnership will make it more convenient and efficient for retailers to manage their liquidity with regards to their agency with Easypaisa”
– Omer Bin Ahsan, CEO of Haball
“We are thrilled to join hands with Haball and Meezan Bank Limited on this transformative journey. By harnessing the power of collaboration and technology, we are shaping a future where seamless digital payments empower our vast network of touchpoints nationwide. This collaboration symbolizes our commitment to foster financial inclusion and accelerate secure, transparent, and efficient digital financial services, leading towards a financially inclusive Pakistan.”
– Shahzad Khan, Group Head Channels, Corporate Business & Productive Lending
Speaking about the arrangement, Mr. Muhammad Abdullah Ahmed, Group Head – Transaction & International Banking Group, Meezan Bank, said
“We believe that embracing advanced technology and digitalization is crucial in today’s rapidly evolving banking landscape. Our strategy will revolutionize the way our customers transact, making banking faster, simpler, and more secure”
– Mr. Muhammad Abdullah Ahmed, Group Head – Transaction & International Banking Group, Meezan Bank
He further commented on Meezan Bank’s strategic alignment with the State Bank of Pakistan’s vision of promoting digital financial services in the country. As a leader in the Islamic banking sector, Meezan Bank aims to set new benchmarks for digital innovation and customer-centric banking solutions.
This partnership is a significant step towards a shared vision to transform Pakistan into a cashless and financially inclusive society. It will help improve efficiency, transparency, and security in the payments and supply chain process, while reducing the turnaround time with same day settlements.
