BankIslami Signs Strategic Alliance with Mastercard

BankIslami Pakistan & Mastercard, a leading technology company in the global payments industry, have signed a strategic alliance to initiate “BankIslami Mastercard Program”. As part of the collaboration, BankIslami’s customers can look forward to enjoying the benefits of the Titanium Debit card, while using it for their local and international financial needs.

BankIslami’s Mastercard Titanium Debit card will be powered by Mastercard’s chip-enabled technology to provide maximum security to cardholders, who will also benefit from the Biometric-enabled features of BankIslami’s cardless ATMs.

The agreement was signed by Mr.Khalid Elgibali, Division President for Middle East and North Africa, Mastercard and Mr.Hasan A. Bilgrami, CEO BankIslami, in the presence of a number of senior Mastercard and BankIslami officials.

Speaking on the occasion, Aurangzaib Khan, Area Head, Pakistan and Afghanistan, Mastercard, said: “We are delighted to introduce our Titanium Debit cards to BankIslami’s growing customer base in the emerging Pakistani market. Together with Mastercard’s strong safety and security features, the card offers consumers a great option to conveniently pay for everyday services.”

Mr. Hasan A. Bilgrami CEO BankIslami added: “We are excited about this partnership as we embark upon new initiatives to cater to our customers’ individual needs. Further, we also look forward to working with Mastercard in developing new services with our existing Biometric capabilities.”