HBL is in partnership with Telenor Pakistan will work towards enabling customers to access the Bank’s Internet Payment Gateway (IPG) and Direct Transfer (DT) systems using MyTelenor App.

The signatories of the agreement are Uzair N. Rabbani, Regional Corporate Head, North – HBL, and Faisal Saeed, Director Financial Control – Telenor Pakistan. Salman Naweed Choudhary, Regional Business Head, Innovation & Financial Inclusion – HBL, and Muhammad Qasim Awan, Director Customer Care & Channel Management – Telenor Pakistan were also in attendance at the ceremony.

This partnership will contribute to HBL’s vision of becoming a ‘Technology Company with a Banking License’. As a result of the partnership between HBL and Telenor Pakistan, the digital transformation will provide a seamless and smooth digital experience for customers across the country.

Cumulatively, more than a million customers of both companies will be able to make Visa/MasterCard/UnionPay credit and debit card payments to their Telenor Pakistan balance directly using MyTelenor App while leveraging the Bank’s payment gateway. The avant-garde solution has been developed using the 3D-secure platform for additional security and fraud management tools that safeguard the system against any fraudulent activities.

The partnership between HBL and Telenor Pakistan has been built upon the promise of combining forces to offer the best-in-class services, powered by state-of-the-art technology.

HBL has worked towards changing the financial landscape of Pakistan. Earlier, it launched the country’s first and largest fintech summit.

The virtual summit was the first of its kind in Pakistan. According to reports, some of the biggest names from global fintech giants attended the event.

The governor of the State Bank of Pakistan (SBP), Reza Baqir attended the event in person as the Chief Guest. Meanwhile, Her Majesty Queen Maxima of the Netherlands, who also serves as the UN Secretary-General’s Special Advocate for Inclusive Finance for Development, delivered a special pre-recorded message at the summit.

Moreover, Ann Cairns, Global Vice Chair – Mastercard, also delivered a virtual keynote to the participants of the HBLPFS 2021.

The story was filed by the News Desk. The Desk can be reached at info@thecorrespondent.com.pk.


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