PITB inked an MoU to integrate Mastercard Asia/Pacific Pte. Ltd with PayZen, a modern digital payment solution to facilitate money movement. The MoU was signed by PITB Director General IT-Operations (IT-Ops) Faisal Yousaf and Country General Manager Middle East & North Africa (MENA) East J. K. Khalil.
According to the MoU, Mastercard will provide their global expertise for digitization of government payments in Pakistan.
In addition, the MoU envisages cooperation in diversified fields including Agriculture, Transport, Food, Livestock and Toll Collection in future.
Mastercard’s Country General Manager J. K. Khalil expressed gratitude over PITB’s technical support and offered their expertise and assistance in the area of 'Open Loop Transit Solutions' that allow customers to pay using their Debit/Credit/ Pre-Paid cards for transportation. In this regard, necessary support will be extended to PITB through partner acquiring bank.
Representatives from PITB Project Director Haroon Rasul Khokhar, Senior Program Managers Salik Ahmad Farooq, Aamir Ali Khan and Shehzad Mahmood as well as Government Lead Ali Saqib, Marketing Lead Arfa Bakhtani and Acceptance Lead Haider from Mastercard attended the ceremony.