Faysal Bank Limited (FBL) has entered into a strategic partnership with Mastercard and 1LINK to revolutionize digital payments in Pakistan. This collaboration will introduce the PayPak – Mastercard co-branded debit card, offering consumers unparalleled convenience, security, and flexibility.
The Memorandum of Understanding (MoU) was signed at Faysal Bank’s Head Office in Karachi, with key representatives from all three organizations in attendance. The partnership aims to drive digital transformation and deliver cutting-edge payment solutions to Pakistani consumers.
Faysal Bank account holders will benefit from the PayPak – Mastercard co-branded debit card, which provides access to both domestic and international payment systems. This will enable seamless transactions within Pakistan and abroad, enhancing convenience and security for consumers.
The collaboration reflects Faysal Bank’s commitment to innovation, customer-centric solutions, and advancing Pakistan’s digital financial ecosystem. By leveraging Mastercard’s global expertise and 1LINK’s domestic payment infrastructure, the partnership will contribute to the growth and development of the country’s digital economy.
