KARACHI: Meezan Bank has announced direct integration with global digital payments leader, Visa, for routing settlement of Visa card transactions.
The shift comes in continuation with its direct integration with Mastercard last year, bringing the Bank a step closer to its goal of transforming its customers' payment experience, enabling faster and more seamless transactions.
According to head of Meezan Bank Alternate Distribution Channels Shariq Mubeen, direct integration with global payment schemes not only allow the bank to remove an additional hop in transaction processing but it also makes detailed view of each transaction available to the bank for more efficient management of cards portfolio.
Copyright Business Recorder, 2021
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