JS Bank and Wemsol sign agreement

KARACHI (PR): JS Bank and Wemsol Pvt Ltd have signed an agreement for KeenuNetConnect to promote e-commerce in the industry by digitizing payments and provide an unmatched digital experience for its valuable customers. This collaboration is an extension of multiple recent strategic partnerships formed regarding the future of payments and to help evolve into providing an effective e-commerce platform. Speaking at the occasion, Kamran Jafar, Group Head CRBG JS Bank, said: “This partnership with Wemsol will lay a foundation of digital payments for e-commerce to flourish in Pakistan, which we firmly believe to be the future of payments industry”.

Imran Soomro, Chief Information Officer JS Bank, further added “Technology that brings convenience has a very high adoption rate in today’s world, and our partnership with Wemsol will provide an extremely seamless solution to our clients”.

Syed Ejaz Hassan, CEO of Wemsol Pvt Ltd, said, “Through simple payment and delivery options, innovative e-commerce solutions have the potential to transform the overall consumer shopping experience, which creates a very positive environment for traditional brick-and-mortar retailers to expand into the digital space.”

Team PSO sweeps Gomal Zam Dam Jeep Race

LAHORE (PR): The country’s leading oil marketing company Pakistan State Oil (PSO), in continuation of its support for motor sports in the country, has sponsored yet another thrilling motor sports event, ‘Pakistan Motor Rally’ which was being organised by Pakistan Army from October 21, 2017 to commemorate 70 years of Pakistan’s Independence. PSO powered the rally by providing the participating vehicles its high quality fuel brands Altron Premium, Altron X High Performance and Action+Diesel. Ten PSO branded vehicles participated in the Gomal Zam Dam Jeep Race part of the rally out of which five vehicles successfully clinched top positions. Babar Khan and Zafar Khan bagged first positions in the A-Stock Category and D-Prepared Category respectively. Gohar Sangi secured second position in C-Prepared Category whereas Iftekhar Ahmed and Noman Ahmed stood third in the A & D Stock Categories respectively.

Team PSO will also be participating in the remaining segments of the rally. By supporting sporting communities and promoting such events, the company has created loyalty with motor sport lovers and will continue do so.

Bank Alfalah partners with Mastercard

KARACHI (PR): In a move aimed at further driving the cashless ecosystem in Pakistan, Mastercard, a leading technology company in the global payments industry, has collaborated with Bank Alfalah Limited, the country’s premier banking institution, to enable its Masterpass QR service on the bank’s dedicated mobile banking app ‘Alfa’. As Pakistan’s first interoperable digital payment service, Masterpass QR is a quick response (QR) mobile solution that allows consumers to make simple and secure digital payments across devices and channels. The cost-effective solution, which first went live in Pakistan in August 2016, makes it easy for users to pay for purchases made in-storeand for a wide variety of goods and services.

With the integration of the QR payments solution from Mastercard into the app, Bank Alfalah’s customers will be able to make fast, simple and secure digital payments at any place where Masterpass QR is accepted. At the time of checkout, consumers will ‘simply scan to pay’ by accessing the Masterpass QR functionality on the Alfa mobile app, and then scanning the QR code displayed at the merchant’s checkout counter.

Thereafter, they are only required to enter the amount of the transaction and their PIN, to complete the transaction in seconds.