KARACHI: Meezan Bank has launched Point of Sale (POS) payment and online payment gateway services to further enhance its digital retail offering and fast-track country’s digital ecosystem. Bank will act as a link between merchants, issuers and payment networks by offering them state-of-the-art POS machines and make cashless transactions available over counters, enabling retailers to benefit from adoption of digital payments.

POS machines support acceptance of local and international cards, card and mobile tap payments and integration with retailer system. With launch of POS and e-Commerce Acquiring services, Meezan Bank will now be able to digitise payments for a large number of unserved retail customers who prefer Islamic banking.

Published in The Daily National Courier, September, 08 2022

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