KARACHI: UnionPay International, the global leading payment
network and Dubai Islamic Bank Pakistan (DIBP) have entered into a historic
agreement to issue Union Pay Quick Pass (NFC) and EMV Chip Cards in Pakistan, a
statement said on Wednesday. With this initiative, DIBP will become the
first Islamic bank in Pakistan to issue UnionPay QuickPass (NFC) enabled cards
to its customers that allow the convenience of contact-less payments “TAP &
GO”, while keeping the payments safe and secure, it added.
The
partnership was recently signed by Junaid Ahmed, CEO of Dubai Islamic Bank
Pakistan Limited and Han Wang, general manager of UnionPay International, in
presence of Shuan Ghaidan, director of products, UnionPay International, Syed
Zaka Ur Rehman, head of ADC and Payments, Dubai Islamic Bank Pakistan Limited
and Nadeem Haroon, country manager Pakistan, UnionPay International, it added.
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