Meezan Bank and Inov8 to launch mobile banking services in Pakistan

Pakistan’s Meezan Bank and branchless banking specialist Inov8 have partnered over the implementation of mobile financial services in the country.

Pakistan’s Meezan Bank and branchless banking specialist Inov8 have partnered over the implementation of mobile financial services in the country.

The bank will offer to its customers a set of multichannel mobile banking services and smartphone applications with social media integration, which is a first in the country.
Inov8’s chairman and CEO, Hasnain Sheikh, said: "We are delighted to be partnering with Meezan, Pakistan’s largest and leading Islamic bank.
"They will be using our socially integrated next generation mobile financial services platform to offer a new array of products and services."
Ariful Islam, deputy CEO of Meezan Bank, commented: "The mobile financial services ecosystem, especially with the advent of 3G and 4G and the proliferation of smartphones, will play an ever increasing role as a dominant delivery channel for banking services."

Based in Karachi, Meezan Bank was founded 1997. It counts 351 branches in 103 Pakistani cities.

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