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Thursday March 28, 2024

MCB-AH signs deal with Covalent

By News Desk
February 20, 2018

KARACHI: MCB-Arif Habib Savings and Investments Limited (MCB-AH) has signed an agreement with Covalent Pvt Limited an Access Group and TPS Joint Venture to launch Pakistan’s first mutual fund with 1LINK enabled PayPak Debit Card, a statement said on Monday.

This technology partnership will enable MCB-AH investors to withdraw cash from any 1LINK enabled ATM and perform transactions at merchants just like a regular debit card in Pakistan, it added.