Meezan Bank, 1LINK (Guarantee) Limited to issue PayPak branded debit card

Meezan Bank, Pakistan's first and largest Islamic bank, has joined hands with 1LINK (Guarantee) Limited, the largest interbank payment network service provider in the country to issue PayPak branded Debit Cards. "PayPak" is Pakistan's first Domestic Payment Scheme that aims to provide an indigenous alternative to international payment schemes.
Through efficient and cost effective payments services for every citizen of Pakistan, PayPak will not only improve the access to ATMs and point-of-sale terminals across the country but it will also complement the government's objective of greater financial inclusion in Pakistan. Commenting on the occasion, Ariful Islam, Deputy CEO of Meezan Bank said: "The launch of PayPak Payment Scheme is an excellent initiative and will Inshallah develop the payment industry in Pakistan."-PR