BR100 Increased By (0.54%)
BR30 Increased By (0.56%)
KSE100 Increased By (0.32%)
KSE30 Increased By (0.23%)
BECO 6.05 Increased By ▲ 0.02 (0.33%)
BML 57.90 Increased By ▲ 5.15 (9.76%)
BOP 34.19 Decreased By ▼ -0.06 (-0.18%)
CNERGY 8.22 Increased By ▲ 0.06 (0.74%)
DCL 12.21 Decreased By ▼ -0.13 (-1.05%)
FCCL 54.21 Increased By ▲ 0.32 (0.59%)
FCSC 5.25 Increased By ▲ 0.03 (0.57%)
FFL 18.09 Increased By ▲ 0.06 (0.33%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.22 Increased By ▲ 0.22 (2%)
KEL 8.16 Increased By ▲ 0.05 (0.62%)
KOSM 5.44 Increased By ▲ 0.06 (1.12%)
MLCF 88.95 Increased By ▲ 0.90 (1.02%)
NBP 186.49 Increased By ▲ 0.01 (0.01%)
PACE 10.75 Increased By ▲ 0.03 (0.28%)
PAEL 40.36 Increased By ▲ 0.42 (1.05%)
PIAHCLA 26.35 Increased By ▲ 0.18 (0.69%)
PIBTL 17.45 Increased By ▲ 0.13 (0.75%)
PPL 233.49 Increased By ▲ 0.71 (0.31%)
PRL 34.80 Decreased By ▼ -0.15 (-0.43%)
PTC 67.00 Decreased By ▼ -0.56 (-0.83%)
SEARL 91.40 Increased By ▲ 0.47 (0.52%)
SSGC 27.10 Decreased By ▼ -0.07 (-0.26%)
TELE 8.60 Increased By ▲ 0.03 (0.35%)
THCCL 65.10 Increased By ▲ 4.97 (8.27%)
TPLP 9.04 Increased By ▲ 0.28 (3.2%)
TREET 24.72 Increased By ▲ 0.18 (0.73%)
TRG 73.19 Increased By ▲ 1.44 (2.01%)
WAVES 10.62 Increased By ▲ 0.64 (6.41%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)

LAHORE: The Punjab Information Technology Board (PITB) and the Punjab Cooperative Housing Society (PCHS) have signed an agreement to implement PITB’s PayZen initiative.

The initiative aims to digitize and streamline payment processes within the society, ensuring enhanced efficiency, transparency, and security, said PITB on Tuesday. The agreement was signed by PITB Joint Director Syed Ijlal Hussain and PCHS Treasurer Mahar Muhammad Ishaq in the presence of PITB Senior Program Manager (SPM) Irfan Tahir, Joint Director (JD) Mudassir Paracha and Programme Officer Omer Akhtar.

Under this agreement, PayZen will serve as the primary interface for all types of payments within the Punjab Cooperative Housing Society. The platform is expected to improve administrative processes and offer stakeholders more accessible and transparent payment mechanisms.

Copyright Business Recorder, 2024

Comments

Comments are closed for this article.