1LINK to launch domestic Card Payment scheme like VISA
From the Blog smartchoice Through confirmed sources it has come to our knowledge that 1LINK in a ceremony planned tomorrow at PC Karachi, will announce the launch of a local card payment scheme just like VISA, MasterCard, Union Pay and others. This project is in line with Pakistan Vision 2020 to promote financial inclusion in Pakistan. Mr. Ashraf Mahmood Wathra, Governor of State Bank of Pakistan will be the Chief Guest and Mr. Saeed Ahmad, Deputy Governor of State Bank of Pakistan will be the Guest of Honor. Unlike VISA, MasterCard and other card scheme, this local card scheme will cost lower to process transactions by financial institutions and merchants. Eventually this will lead to increase in card penetration and address the electronic banking needs of consumers. Since this will be a domestic locpakistanblogs.blogspot.comRead Full Post
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