BankIslami Pakistan Limited (BankIslami) has signed strategic alliance with Cotton & Cotton for ThumbPay Payment & Loyalty Programme Solution. With an extensive nationwide network of 330 branches in 113 major cities, the bank launched a complete branch banking solution based on biometrics called Bio-Banking in 2017. ThumbPay is a comprehensive Biometric Payment & Loyalty Management Solution that is enabled to accept payments using biometric authentication from customers.
Hasan A Bilgrami, CEO BankIslami Pakistan, said,
“We are excited to launch ThumbPay services for customers and partnering up with Cotton & Cotton. ThumbPay is part of BankIslami’s vision to enable customers undertake entire spectrum of banking without any paper, plastics cards or gadgets. We look forward to making a positive difference in digital payments in Pakistan & redefine customer experience via ThumbPay.”
Alam Najiullah, CEO Cotton & Cotton added,
“ThumbPay is an exciting combination of end to end payment solution & customer loyalty program, backed by robust analytics for businesses. We foresee a long lasting and mutually beneficial partnership with BankIslami and envisage ThumbPay as a comprehensive solution in helping Cotton & Cotton properly assess customer preferences to design targeted campaigns, attaining maximum ROI & customer satisfaction”.
Besides being low cost, ThumbPay has a built-in Loyalty Management Program along with robust business intelligence, analytics and immediate settlement for partnered merchants.