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Business

November 19, 2016

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Soneri Bank to launch World Debit Card, FalconPay services

Soneri Bank to launch World Debit Card, FalconPay services

Karachi: Soneri Bank Limited, one of Pakistan’s leading private commercial banks, and Mastercard, a leading technology company in the global payments industry, announced the launch of the Mastercard World debit card and FalconPay services for the bank’s customers.

Soneri World debit card is one of the most prestigious offerings amongst the category of cards with numerous benefits. Ideal for those who travel worldwide, the card offers customers access to VIP lounges internationally, complimentary services at world-class hotels, and accidental and health coverage, in addition to many other benefits.

FalconPay (powered by Mastercard) is a mobile financial services platform provided by Inov8. It will allow Soneri Bank to target new market segments within its mobile banking platform, while also creating accessible digital channels for the bank to leverage its conventional branch banking, by creating a distribution channel, which is more or less as effective as that of the other players of branchless banking.

The occasion was graced by Mr. Yaseen Anwar, Former Governor of State Bank of Pakistan, Mr. Mohammad Aftab Manzoor, President and CEO, Soneri Bank Ltd., Mr. Amin Feerasta, Chief Operating Officer, Soneri Bank Ltd., Mr. Ahmed Saqib Asad, Chief Information Officer, Soneri Bank Ltd., Mr. Khalid Elgibali, Division President, Middle East and North Africa, Mastercard, Mr. Aurangzaib Khan, Area Head Pakistan & Afghanistan, Mastercard, Mr. Hasnain Sheikh, Chairman & Co-CEO, Inov8 Ltd., and a number of other senior officials from Soneri Bank, Mastercard and Inov8.**

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