Pakistan, 5th July 2015 – Bank Alfalah and MasterCard recently signed an agreement to bring MasterCard Internet Gateway System (MIGS) to Pakistan. The system connects online merchants and websites with customers by accepting credit cards on the internet. This partnership is of great significance as it brings together Pakistan’s leading card services provider, Bank Alfalah and MasterCard’s expertise and technology.
Speaking on the occasion, Mr. Atif Bajwa, President & CEO, Bank Alfalah said, “We continue our quest to develop a world class payments eco system in Pakistan that creates value and convenience for customers, merchants, and partners. Bank Alfalah will leverage its flagship merchant acquiring business to develop the e-commerce space through MIGS in the country.”
Mr. Raghu Malhotra, President, Middle East and North Africa, MasterCard comments, “We are delighted to announce this deal with Bank Alfalah as we continue to drive the evolution of payments in Pakistan. Business owners can now easily take their businesses online and offer their customers the convenience and security of electronic payments.”
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