Khushhalibank Selects IRIS Payment Platform For Digital Transformation

KARACHI, (UrduPoint / Pakistan Point News - 21st Aug, 2018 ) :As Khushhali Microfinance Bank Limited continues to expand its customer base amongst an increasingly growing microfinance market, it recognises the need to continue to offer innovative services to meet consumer demands.

The bank realises that a future-proof payments platform is critical to its digital transformation strategy. Therefore, they selected TPS' Multi-Channel Payment Platform to ready itself for the transformative forces that are shaping the future of banking.

The new strategic partnership with TPS will see Khushhali Microfinance Bank leverage the capabilities of IRIS card management and transaction switching platform.

The fundamentally flexible platform will transform the bank's digital payment infrastructure and allow quick roll-out of new and innovative services.

As part of the agreement, TPS will also enable the bank to issue EMV compliant PayPak Debit Cards. With PayPak domestic scheme in place, the bank will be able to provide efficient and cost effective banking services. Cards holders willhave the ease of making cash withdrawals at all 1Link enabled ATMs across the country.