(BOP) launches Merchant Acquiring Business

The Bank of Punjab (BOP) launches Merchant Acquiring Business with the industry first buy now pay later (BNPL) and pay by link solution.

Lahore (Muhammad Yasir)

The Bank of Punjab (BOP), recognized as one of the nation’s premier commercial banks, has embarked on a pioneering journey by unveiling its cutting-edge Point of Sale (POS) payment solutions and online payment gateway services. BOP is the 7th Bank offering this service out of the total of 41 commercial and specialized banks in the country. This strategic move reinforces BOP’s commitment to enriching its digital retail offerings and expediting the evolution of the nation’s digital ecosystem. In pursuit of this ambitious endeavor, the Bank of Punjab (BOP) has forged a strategic alliance with PayNet Private Limited, a wholly-owned subsidiary of Omega IT Solutions United Arab Emirates renowned for its expertise in Digital Payment business solutions. This collaboration signifies a pivotal milestone in BOP’s mission to introduce Point-of-Sale (POS) payment services to the market, with plans to expand its reach through additional Independent Sales Organizations (ISOs) for comprehensive nationwide coverage.

The Bank will act as a link between merchants, issuers and payment networks by offering them state-of-the-art POS machines and make cashless transactions available over the counters, enabling retailers to benefit from the adoption of digital payments. The POS machines support acceptance of all types of cards. To commemorate this momentous occasion, a ceremony was held at a prominent local hotel in Lahore. The event served as a platform to recognize the invaluable contributions of key individuals who played pivotal roles in this project. Dignitaries present at the ceremony included Mr. Zafar Masud, President & CEO of BOP, and other esteemed members of the senior management team. Speaking on this occasion, Mr. Zafar Masud remarked, “The Bank of Punjab is diligently spearheading the modernization of retail services within the country by enhancing our digital offerings and promoting economic documentation.

We are already committed to providing top-notch services to SMEs, corporate entities, and government sectors. With the launch of our Merchant Acquiring business, we aim to fortify these strategic partnerships, empowering BOP to deliver innovative and industry-leading payment solutions to customers nationwide.” As the Bank of Punjab embraces the future with its Merchant Acquiring Business, it underscores its dedication to fostering a digitally advanced and financially inclusive landscape in Pakistan.

The bank’s unwavering commitment to excellence and innovation promises a brighter and more accessible future for all.

 

 

Masarrat Misbah launches Signature Line of Fragrances Released

Hosted by the beautiful Hira Khan

Karachi (Muhammad Yasir) Masarrat Misbah, a pioneer of beauty products and well-being in Pakistan, hosted a star-studded event for her inaugural collection of Masarrat Misbah Fragrances: Lasting impressions in Karachi this weekend.

Event had featuring appearances by renowned celebrities and influencers, as well as distinguished guests from the media and business fraternity.

MM Fragrances presented nine fragrances which comprises of six perfumes for women, three for men, and a delightful assortment of mists and unique idea of three discovery boxes consisting of two for women and one for male. The range of fragrances catering to a diverse array of preferences during the evening’s proceedings.

The event also introduced the charismatic and talented, Amar Khan, face of women’s fragrance Rosaly. While the charming star, Usama Khan, was announced as the face of men’s collection Noir, adding to the allure of the event. The occasion was an elegant and sensory delight as guests were familiarized with a wide range of scents carefully designed to captivate the senses.

Masarrat Misbah, Founder and Owner of MM Fragrances expressed her excitement about this new venture, stating, “A person is incomplete without their perfect scent. Fragrances tend to leave an everlasting impression and tether us to memories as well as people. I am delighted to introduce MM Fragrances, as an extension of our commitment to add something special to people’s lives and enhance our customers’ experiences.”

 

Masarrat Makeup Fragrances are now available nationwide in stores and online at: http://www.masarratmakeup.com/fragrances