Allied Bank Limited has become the first bank in Pakistan to launch Visa payWave Credit Card, the global payments technology company's contactless payment technology. With Visa payWave technology, Allied Bank Limited Visa credit card holders can simply shop, wave, and go at merchants around the world with contactless enabled card readers at the point of sale. The bank's move applies to all newly-issued and renewed Visa credit cards. Faisal Nadeem Siddiqui - Group Head e-Banking Operations - Digital Banking Group Allied Bank stated that "Allied Bank Limited is working towards bringing diversity and more efficient digitization of payment solutions. Nonetheless this launch will further strengthen our business relationship with Visa and will further enhance the technological spectrum for both the entities.

Commenting on the launch, Kamil Khan, Visa's Country Manager for Pakistan & Afghanistan, said: "Visa congratulates Allied Bank Limited on becoming the first bank in Pakistan to offer a contactless credit card based on the Visa payWave technology, ushering in a new era of speed and efficiency with our cardholders and merchants alike. We are delighted to partner with ABL to help further enrich the payment experience for our Visa cardholders by enabling them to make hassle-free contactless payments wherever Visa payWave is accepted globally."-PR

Copyright Business Recorder, 2018