Speaking at the occasion, Mr. Atif Bajwa, President & CEO Bank Alfalah said, “At Bank Alfalah, we are committed to enhancing financial inclusion by reaching out to the unbanked populations who have limited access to financial services. We are at the forefront of the evolving digital financial services landscape in Pakistan and this partnership will help us to provide innovative supply-chain payment solutions to meet the changing needs of our customers.”
Imdad Aslam, Interim CEO, Karandaz Pakistan said, “In order to bridge the gap between the banked and the
unbanked and reach out to remote and marginalised populations where access to financial services is limited,
building a deeper understanding of alternatives to brick-and-mortar banking is of utmost significance. I am excited about this two-fold partnership with Alfalah and look forward to learning about retailer motivation so that appropriate incentivization structures can be designed to digitize payments at a larger scale.”
The signing ceremony took place at Bank Alfalah’s office in Islamabad and was attended by senior representatives from both organisations.
