As per the agreement, Meezan Bank will provide Transaction Banking services to Muller & Phipps Pakistan to automate complex payments and collections workflows. The Bank’s core suit of integrated solutions will help combat the limitations of outdated core systems and provide ease of reconciliation and efficient cash flow management. With the additional benefit of seamless integration, eBiz+ will further improve the bottom-line for Muller & Phipps partners and clients. The agreement was recently signed by Mr. Kamran Nishat – MD & CEO, Muller & Phipps Pakistan and Mr. Muhammad Abdullah Ahmed – Group Head, Corporate & Institutional Banking, Meezan Bank at Muller & Phipps Pakistan’s Head Office, Karachi. Mr. Kamran Nishat, while speaking at the occasion stated, “Muller & Phipps Pakistan has critical mass infrastructure and unmatched reach across 75,000+ outlets in 975+ towns across Pakistan. We are excited to explore novel business opportunities in the Pakistani digital financial ecosystem in general and payments mechanism in particular where Meezan Bank plays an important role. We believe that our collaboration with Meezan Bank will allow us both to bring in our strengths to promote digitization across different paradigms of the Pakistani business landscape.”
