KARACHI: 1LINK (Pvt.) Limited (1LINK) and Decagon Pakistan (Pvt.) Limited (Golootlo) have entered a strategic partnership for the PayPak Loyalty Program allowing all new and existing PayPak customers of participating banks/issuers to avail year-round exclusive Golootlo deals and discounts at over 15,500 merchants in 130 cities nationwide.
The launch of this program highlights the commitment of Pakistan’s domestic payment scheme ‘PayPak’ towards digitization and financial inclusion by providing the following benefits for PayPak cardholders of participating banks/issuers:
· Deals & discounts at over 15,500+ merchants across Pakistan
· Effective October 1, 2020, Golootlo app deals & discounts to the general public will be charged, while it will be free for PayPak customers. Customers can present or swipe their PayPak card at merchants or register their cards with Golootlo app to scan and avail deals & discounts free of cost
· Deals & discounts offered 365 days a year with no limit on number of discounts availed.
· Quarterly customer engagements for all card holders/registered customers.
· Life insurance benefits covering accidental & natural death for all PayPak cardholders effective, October 01, 2020
The signing ceremony was attended by Mr. Najeeb Agrawalla, CEO 1LINK, Mr. Fahad Mahmood, CEO Decagon, along with key personnel from both organizations, at 1LINK’s head office in Karachi.
CEO 1LINK, Mr. Najeeb Agrawalla in his remarks, enunciated the significance of the PayPak Loyalty program in furthering State Bank of Pakistan’s and 1LINK Board’s vision of digitizing the payments landscape of Pakistan. He further highlighted that PayPak has achieved impressive success so far and this program will play an instrumental role in making PayPak the ‘card of choice’ for all.
Mr. Fahad Mahmood, CEO – Decagon commented, “Golootlo as a discount network platform has always been about inclusion and integration, and with this alliance with PayPak, we’ve taken a monumental leap towards bringing value to the common man. We are excited and hopeful that the combination of Golootlo discounts with PayPak cards will go a long way towards shifting consumers from cash to digital”.
About Decagon:
Decagon Pakistan (Pvt.) Limited brand “Golootlo” is Pakistan’s fastest growing merchant & customer engagement platform. Golootlo has over 12,500 brands offering discounts in 130 cities across Pakistan for 365 days a year. As a customer engagement platform Golootlo has held concerts, sponsored sporting events, festivals, & more. Golootlo’s partners include PayActiv, Inc USA. Golootlo branded debit cards in partnership with UnionPay International and co-badged debit card in partnership with PayPak & UnionPay are being issued by National Bank of Pakistan, Bank Alfalah, Dubai Islamic Bank, Allied Bank, Faysal Bank, NBP Funds. All PayPak debit card holders can also utilize all of Golootlo’s discounts. “E-discounts” are available via apps to JazzWorld, EasyPaisa, Telenor, Zong, Askari Bank, Allied Bank, NBP Funds, & Bank Islami & many more to come. To find out more, go to: www.golootlo.pk
About 1LINK:
1LINK (Pvt) Limited, owned by a consortium of 11 banks, is the country’s 1st PSO/PSP and largest switch & payment system, providing a host of valuable online banking services like ATM switching, Bills Payment, Inter Bank Funds Transfer, Fraud Risk Management, Switch Dispute Resolution, Global Payment Schemes, PayPak – Domestic Payment Scheme, etc. 1LINK is continuously evolving and adding new products and services to benefit the financial industry. For more information, please visit: https://1link.net.pk/
