Haball, Hutchison Ports Pakistan, and Standard Chartered Bank forge
partnership
In a collaborative move towards modernizing payment systems,
Haball, a prominent digital supply chain payments solutions provider, has
joined forces with Hutchison Ports Pakistan, the operator of a deep-water
terminal in Pakistan, in conjunction with Standard Chartered Bank Pakistan.
This strategic agreement aims to automate and digitalize payment processes.
The formal signing ceremony took place at the Hutchison Ports
Pakistan office in Karachi.
Under the framework of this partnership, Haball's advanced
digital payments platform will empower Hutchison Ports Pakistan to seamlessly
receive payments from customers around the clock, 24x7.
Omer Bin Ahsan, CEO of Haball, expressed his enthusiasm about
this collaboration with Standard Chartered to revolutionize terminal port
payments in Pakistan. He emphasized that this partnership would significantly
enhance the efficiency and transparency of the payments process within the
shipping industry. This, in turn, would directly impact the nation's imports
and exports, thereby contributing to overall economic efficiency.
Shiraz Hyder, Head of Transaction Banking at Standard Chartered
Bank, commented on the occasion, stating, "Championing innovation in
Pakistan is a core element of our business strategy. We have been consistently
investing to expand our digital offerings, both through in-house solutions and
strategic partnerships with Fintech providers, to cater to our clients'
evolving needs. Our outlook for this partnership is positive, as we anticipate
its instrumental role in boosting liquidity and digitizing the collections
process for Hutchison Ports Pakistan."
Changsu Kim, General Manager and Head of the Business Unit at
Hutchison Ports Pakistan, praised the collaborative efforts of all partners
involved in this digitalization initiative. Kim expressed pride in accelerating
local digitalization efforts, aligning with the global strategy of innovation
and transformative leadership. He highlighted that these solutions would grant
customers and stakeholders enhanced convenience and accessibility in their
interactions. As pioneers in port operation, the company remains committed to
providing groundbreaking solutions and technologies, leading the way for
progress.
This partnership marks a significant step forward in
streamlining payment mechanisms and embracing technological advancements in the
realm of commerce and logistics.
Source: Business Recorder