Saturday, February 4, 2017

National Bank of Pakistan, UnionPay launched CorPay

Karachi: In continuation of National Bank of Pakistan’s (NBP) journey for embracing the future banking, NBP unveiled NBP Prepaid cards with UnionPay International Brand in a grand launch ceremony. Initially, three types of cards have been launched including CorPay, for small ticket size payroll; YouthPay, for younger generations of Pakistan; and PocketPay, for daily consumption of families. 

The launch ceremony was attended by senior management of National Bank of Pakistan including Mr. Masood Karim Shaikh, Acting President NBP; Mr. Mudassir H. Khan, SEVP/Group Chief CRBG; SEVP/CIO Mr. Shahid Saeed, in addition to all SEVPs/Group Chiefs and Mr. Azfar Jamal, EVP/Head-Payment Services, Mr. Nabeel Aslam, Head of Debit & Prepaid Cards along with senior management of UnionPay International and TPS Pakistan (Pvt.) Limited. 

Speaking at the occasion Mr. Mudassir H. Khan emphasized that digital disruption was shaping the future for banking and NBP is cognizant of the future banking needs. He further stated that NBP has embarked upon various technology initiatives aimed towards provision of multiple delivery channels and the launch of NBP Prepaid Cards is part of the journey for providing best in class products. 

Also speaking at the occasion Mr. Azfar Jamal stated that the launch of NBP Prepaid Card was an important milestone for NBP as it would further provide customers the choice of leading card schemes based on their unique transactional requirements coupled with NBP’s unparalleled branch and ATM footprint across the length and breadth of Pakistan. 

These cards are first of its kind in the history of National Bank of Pakistan that is globally accepted at ATMs & POS Merchants. Multiple types of other cards are expected to be launched by NBP in the future, including cards specifically facilitating the customer during Hajj and Umrah.

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