LAHORE: With the aim to boost operations of Upaisa, the National Bank of Pakistan, Ufone and Ubank have joined hands to create new synergies between Upaisa Brand and the upcoming digital banking initiatives of NBP.
An agreement has also been signed in a ceremony, which was attended by the senior management of all the three entities including NBP President& CEO Syed Ahmed Iqbal Ashraf, NBP Commercial & Retail Banking Group Group Chief Mudassir H Khan, NBP Remote Banking & ADC EVP/Head Azfar Jamal, Ufone President & CEO Abdul Aziz, Ufone Chief Commercial Officer Asher Yaqub Khan, Ufone Marketing GM Taimur Faiz Cheema, and Ubank President & CEO Arif Sirhindi.
Speaking at the ceremony, Syed Ahmed Iqbal Ashraf said, “The merits of financial inclusion are strongly rooted in empowerment. Access to financial services is a key link between economic opportunity and economic outcome. This collaboration is part of NBP’s strategy to facilitate customers by developing a National Payment Eco-System allowing customers to avail any P2G and G2P services 24/7 through all available Digital Channels”
SEVP/Group Chief C&RBG NBP, Mudassir H. Khan said, “Payments and banking must be available everywhere for people to trust it – so interoperability is key. If solutions don’t become broadly available and interoperable, they will most likely fail to scale. This initiative of NBP to build the required National Payment Eco-system in partnership with Telecom service providers will be catalyst to extend the financial outreach and convenience to every citizen of Pakistan.”
