In order to revolutionize financial transactions within the public sector, PITB, MCB Bank and Mastercard have inked an MoU to digitize payments in Pakistan. The MoU was signed by PITB ADG Khurram Mushtaq and MCB Bank Group Head Shahzad Ishaq.
PITB Project Director Haroon Rasul Khokhar, Joint Directors Syed Ijlal Hussain and Shehzad Mehmood, SPM Aamir Ali Khan, PM Umer Saleem and PR Executive Omar Akhtar were present on the occasion. MCB Head Payment Solutions Imran Yousaf, Group Head Operations Kashif Ali, Division Head Operations Abdul Jawad Khan, Unit Head e-Commerce Saba Afzal, Relationship Manager e-Commerce Ali Nasim, Department Head Marketing Humaid Merchant and Manager Marketing Najaf Zahra also attended the ceremony.
This strategic partnership aims at enhancing the efficiency, transparency and security of online payments to various government and private institutions throughout Pakistan. Acting as the primary interface for government and private payments, PITB’s PayZen will ensure that the process remains transparent, accessible, and user-friendly for the citizens of Pakistan.