FBL, Total Parco ink cashless deal

KARACHI: Faysal Bank Limited and Total Parco Pakistan Limited signed an agreement on Friday for the provision of cashless transactions across Total Parco’s extensive retail network, a statement said.

Through this alliance Faysal Bank’s state-of-the-art point-of-sale card acceptance solution will provide Total Parco’s customers the ability to make payments via cards as well as NFC solutions.

“At Faysal Bank we are privileged to have a multi-faceted relationship with Total Parco. This arrangement with Total Parco, is a testament of our agenda to increase the acceptance and digital foot-print across the country through Faysal Bank’s shariah-compliant financial solutions,” said Yousaf Hussain, president and chief executive officer of Faysal Bank.

Asif Iqbal, chief executive officer of Total Parco, said, “At Total Parco, we acknowledge the needs of our customers and the changing trends in their preferences, hence this partnership with Faysal Bank will further our resolve in addressing the needs of our diverse customer base.”