BankIslami, Mastercard sign strategic alliance

(PR): BankIslami Pakistan and Mastercard, a leading technology company in the global payments industry, have signed a strategic alliance to initiate “BankIslami Mastercard Programme”. As part of the collaboration, BankIslami’s customers can look forward to enjoying the benefits of the Titanium Debit card, while using it for their local and international financial needs.

BankIslami’s Mastercard Titanium Debit card will be powered by Mastercard’s chip-enabled technology to provide maximum security to cardholders, who will also benefit from the Biometric-enabled features of BankIslami’s cardless ATMs.

The agreement was signed by Khalid Elgibali, Division President for Middle East and North Africa, Mastercard and Hasan A. Bilgrami, CEO BankIslami, in the presence of a number of senior Mastercard and BankIslami officials.