Meezan Bank Lauches First Contactless Debit Card Powered by Mastercard

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Contactless payments are becoming a norm in developing countries. Pakistani nation is playing a very active role towards the adoption of its National Financial Inclusion strategy that also highlights the need to empower consumers to make enhanced use of digital payment infrastructure and services.

Meezan bank is the first and largest Islamic commercial bank of Pakistan with a network of 550 branches across the country. Meezan bank has recently introduced the launch of its contactless technology through its new debit card backed by the Mastercard network. This card solution will be fast, easy and secure way to pay at the terminals without the need to swipe the card. The enhanced security also eliminates the chances of the card data cloning in absence of any physical touch with the payment terminals.