Meezan Bank Migrates Entire Payments Business to New Platform

Meezan Bank (PSX: MEBL) has migrated 7.5 million active cards, all its merchants and its payment processing operations to BPC's SmartVista platform.

Key points

• Ali Imran Khan, Chief Information Officer at Meezan Bank, remarked the migration was intended to strengthen the bank's digital payments infrastructure and backing future expansion.
• The platform can process more than 1, 500 transactions per second during peak periods.
• The migration brings the bank's payment operations onto a single platform, covering services applied by cardholders and merchants throughout Pakistan.
• The migration covers the bank's card payments, point-of-sale transactions, e-commerce, QR payments, payment gateway services, fraud management and instant payments.
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Notably, the migration covers the bank's card payments, point-of-sale transactions, e-commerce, QR payments, payment gateway services, fraud management and instant payments.

For context, the platform can process more than 1, 500 transactions per second during peak periods. Meezan Bank additionally handles around 2 million Raast transactions daily and has a network of more than 100, 000 QR codes. World Bank Worried Regarding Pakistan.

For context, the migration brings the bank's payment operations onto a single platform, covering services applied by cardholders and merchants throughout Pakistan.

Faiz ur Rehman, Group Head of Information Technology at Meezan Bank, remarked the migration would backing the continued expansion of its card business, merchant services, digital payments and Raast. He continued that the transition was completed through coordination between the bank's teams and BPC while maintaining operational continuity.

Ali Imran Khan, Chief Information Officer at Meezan Bank, remarked the migration was intended to strengthen the bank's digital payments infrastructure and backing future expansion. He remarked the platform would backing payment processing throughout the bank's channels while maintaining continuity during the transition.

Furrukh Ali-Baig, Managing Director for Pakistan, Nepal and Iraq at BPC, remarked the platform provides payment processing capacity, fraud protection and instant payment capabilities to backing Meezan Bank's digital payment services. Stay Connected with ProPakistani.

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Taken together, the developments around meezan Bank Migrates Entire Payments Business to New Platform point to a situation that is still moving, and the coming days should bring more clarity.