PPCBL Teams Up with PaySys Labs to Launch Next-Generation Mobile Banking Platform
Strategic partnership aims to accelerate digital transformation through a new mobile banking application and RTGS services for customers across Punjab.
Officials from PPCBL and PaySys Labs sign an agreement for a next-generation mobile banking platform.
LAHORE — The Punjab Provincial Cooperative Bank Limited (PPCBL) has signed a strategic agreement with PaySys Labs to implement a next-generation mobile banking application and Real-Time Gross Settlement (RTGS) system, marking a significant step in advancing Digital Banking services in Pakistan.
The partnership reflects PPCBL’s commitment to creating a secure, innovative and customer-focused banking ecosystem while expanding access to modern financial services through digital channels.
The agreement will enable PPCBL customers to access a wide range of banking facilities through a secure and user-friendly mobile platform. Services will include digital account opening, fund transfers, utility bill payments, debit card management, account monitoring and other banking features designed to improve convenience and accessibility.
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Partnership to Drive Digital Transformation
Speaking on the occasion, PPCBL President and Chief Executive Officer Shahram Raza Bakhtiari said the collaboration demonstrates the bank’s commitment to adopting advanced technologies that enhance customer experience.
He said the new mobile banking application will offer secure, seamless and convenient banking services while helping the bank build a modern digital ecosystem.
Bakhtiari added that digital innovation remains central to PPCBL’s strategy to improve service delivery and meet the evolving needs of customers.
Secure and Future-Ready Banking Solutions
Karim Jindani, Director of PaySys Labs, said the company is proud to partner with PPCBL in delivering a future-ready banking platform.
He noted that the initiative will strengthen digital capabilities, enhance customer engagement and support the bank’s broader transformation goals.
The project is expected to improve financial accessibility and accelerate the adoption of digital banking solutions across PPCBL’s customer base.
Industry experts say partnerships between banks and technology firms are increasingly shaping Pakistan’s financial sector as institutions invest in secure, efficient and customer-centric digital services.
