Allied Bank launches PayPak Debit Card using TPS Solution

Allied Bank is proud to become the first bank in Pakistan to introduce PayPak Debit Card powered by TPS Solution. Allied PayPak Debit Card will empower the bank customers to carry out ATM withdrawals as well as retail/POS transactions anywhere within Pakistan, with no dependency on international payment schemes. With a domestic payment scheme in place, the bank will be able to provide cost-effective payment solutions to its customers.

To support its digital transformation vision, Allied Bank has already deployed TPS card management and transaction switching platform enabling the bank to swiftly roll-out innovative cards and payments products. The execution of Allied PayPak Debit card by TPS in shortest time possible enabled the bank to reduce its time-to-market.

“Our strategic partnership with TPS will continue to contribute in our digital transformation and enhancing our service capability to offer convenience and exclusive services to our customers”
Faisal Nadeem, Group Head Digital Banking, Allied Bank

“It gives us immense pride to be a part of Allied Bank initiative and we greatly value the bank confidence and trust in our solutions. As a trusted technology partner of Allied Bank, TPS will continue to support the bank in its effort to deliver seamless banking experience to its customers”
Shahzad Shahid, CEO, TPS