Standard Chartered Bank and Haball join hands to enhance digital payment solutions

Standard Chartered Bank (Pakistan) Limited has announced a strategic partnership with Haball to digitalize payments
 

Standard Chartered Pakistan partners with Haball to enhance digital payment solutions

Standard Chartered Bank (Pakistan) Limited has announced a strategic partnership with Haball, a leading provider of digital supply chain payment solutions, and Hutchison Ports KICT to automate and digitalize payment processes.

This collaboration positions Standard Chartered as one of the primary banking partners for KICT, enabling real-time, API-driven reporting and account rationalization. The new payment platform, powered by Haball, will further streamline payment processes at KICT, offering improved ease, efficiency, and security. The upgraded system will allow customers to make automated payments 24/7, complementing KICT’s Online-Trade Portal launched in 2023 to facilitate cargo clearance at Karachi Port.

 

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The agreement was formalized with the signing of the MoU by Rehan Shaikh, CEO & Head of Coverage at Standard Chartered, Alvin Chow, CEO of Hutchison Ports KICT, and Omer Ahsan, CEO of Haball.

Rehan Shaikh, CEO of Standard Chartered Pakistan, commented, “Innovation is at the heart of our strategy, and we continue to invest in advancing our digital capabilities. This collaboration underscores our commitment to enhancing liquidity management, streamlining collection processes, and ultimately creating value for our clients while fostering growth in Pakistan’s financial ecosystem.”

Alvin Chow, CEO of Hutchison Ports KICT, added, “KICT has served as Pakistan’s trade gateway for over 25 years, and this partnership is a significant step forward in enhancing the customer experience.”

Source: Business Recorder

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