LAHORE  - MCB Bank and Easypaisa have collaborated to expand Pakistan’s first-ever comprehensive online payment solution, “Easypay”.

An agreement signing ceremony was held recently in Lahore which was attended by Ali Naqvi (Head of Digital Banking) from MCB Bank Limited, Omer Moeen Malik (Head of Strategy, Easypaisa) and Aurangzeb Khan (Country Manager, MasterCard) along with their teams.

Through this facility, any individual having VISA or MasterCard Credit/Debit Cards, can make online purchases from any of the Easypay enabled (powered by MCB Bank) Internet merchants, and pay securely through MasterCard Internet Gateway Solution (MIGS). MIGS is a safe, simple and smart way for merchants to accept payments anywhere in Pakistan. At the moment, this gateway has the capability of accepting and processing payments through VISA and MasterCard Debit and/or Credit cards.

“The collaboration between MCB Bank and Easypaisa will momentously contribute towards economic development of the country by providing secure payment solutions for the growth in e-commerce market” said Zargham Khan Durrani,

Head Retail Banking Group (North), MCB Bank.

Nadeem Hussain, Founder, President and CEO Tameer Microfinance Bank said: “The collaboration is a significant step up towards directly contributing to the economic development of Pakistan by providing a secure and customized solution for online trade. E-commerce will ideally favor the women entrepreneurs in Pakistan; working from home and supporting their families. Through Easypay Online Payments, Easypaisa will be enhancing customers’ experience and bridging gaps in the industry”.

“The Collaboration between MCB Bank and Easypaisa is a great achievement. The digital payment industry is gearing up and arrangements like Payment Facilitator (PF) will go a long way towards revolutionizing & redefining not only the industry landscape but the entire payment ecosystem.” said Imran Maqbool, President of MCB Bank.