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HBL, TPL Trakker seal deal to facilitate customers

byCustoms Today Report
13/08/2015
in Business
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KARACHI: With the aim to facilitate customers, TPL Trakker and Habib Bank Limited (HBL) have sealed a pact to support contactless payments through TPL technology.

The arrangement will be opening a completely new and innovative way of doing financial transactions, which would be critical to the growth of electronic payments across Pakistan. Present at the ceremony were Ali Jameel, CEO TPL Trakker, Faiq Sadiq, Head – Payment Services HBL and other senior officials of both the organizations.

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“TPL is extremely excited to be providing HBL the solution to support Contactless Payments” stated Ali Jameel, CEO, TPL Trakker, while shedding light on this venture and its core facets, during the signing ceremony. “This technology solution rendered by TPL will be pivotal in enabling NFC transactions by NFC users in Pakistan. HBL would be rolling out NFC enable point of sale terminals to the merchant locations where NFC users would be able to execute the transactions.” Jameel further added.

Speaking at the occasion, Faiq Sadiq said, “HBL is proud to be the first banking institution in Pakistan to offer NFC payments, which is gaining popularity in the payments industry worldwide.

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