Faysal Bank Limited (FBL) and OPay join hands to promote digital payment solutions
Faysal Bank Limited (FBL), a leading Islamic financial
institution recognized for its dedication to technological innovation with
Sharia compliance, has announced a strategic partnership with OPay, a global
fintech leader specializing in advanced digital payment solutions. This
collaboration, as per a press release issued on Thursday, is geared towards
empowering businesses across all scales – small, medium, and large enterprises
– to embrace digital payments, fostering a seamless and efficient experience
for both businesses and consumers.
The main objective of this alliance is to drive the digital
transformation of merchant services within the Islamic finance framework. The
collaboration seeks to enable businesses to adopt modern and secure payment
methods while benefitting from FBL's Sharia-compliant services.
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Yousaf Hussain, President and CEO of Faysal Bank, expressed
his delight at the transformative collaboration with OPay, stating, "By
combining Faysal Bank’s Sharia-compliant financial expertise with OPay’s
technological prowess, we aim to redefine the landscape of digital merchant
services and contribute to the growth of the fintech ecosystem in
Pakistan."
Ali Kazmi, President of OPay Pakistan Ltd., complemented the
collaborative efforts, emphasizing the power of partnerships in fostering
innovation. He stated, "Together, we are committed to providing businesses
with cutting-edge solutions that simplify transactions and enhance the overall
digital payment experience for customers."
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This strategic collaboration between Faysal Bank and OPay
aims to advance the adoption of digital payments among businesses in Pakistan,
bringing together financial expertise and technological capabilities to
contribute to the evolution of the country's fintech landscape.
Source: APP