Karachi, February 10, 2025 – Faysal Bank Ltd. (FBL), a leading Islamic bank in Pakistan, has joined hands to form a strategic partnership with Alliance Network for revolutionizing digital payment acceptance for SMEs. The partnership aims to expand digital acceptance infrastructure nationwide and empower businesses by offering advanced payment solutions that drive growth and streamline cashless transactions.
The alliance will enhance Faysal Bank’s digital payments tech-stack, delivering superior experiences to businesses seeking to adopt cashless payments and boost their revenue potential.
Amin Ur Rahman, Chief Digital Officer at Faysal Bank, stated: “At Faysal Bank we strongly believe in growth through partnerships and selecting the right partner is the first step in that direction. Joining hands with Alliance Network will create a strategic advantage for Faysal Bank in the digital acceptance space”.
Niranj Sangal, CEO of Alliance Network, added: “We are excited to formalise this partnership with Faysal Bank. This collaboration marks a key milestone in strengthening Pakistan’s digital payment landscape, and we are confident that our combined efforts will help unlock new growth opportunities for businesses across the country.”
With a robust network of approximately 855 branches across 340+ cities, Faysal Bank is not only expanding its physical presence but also driving innovation in digital payments—particularly enhancing digital payment acceptance for SMEs—delivering seamless Shariah-compliant banking solutions to individuals and businesses across Pakistan.
About Faysal Bank Limited (FBL):
Faysal Bank Limited is one of Pakistan’s leading Islamic banks, offering a wide range of Shariah-compliant products and services across retail, corporate, and investment banking. With a commitment to innovation and excellence, FBL continues to provide its customers with exceptional banking experiences.
Advertisements
