Bank of Khyber (BoK) has officially launched its Point-of-Sale (POS) acquiring services in collaboration with KuickPay, marking a key milestone in the bank’s digital transformation journey. This launch underlines the importance of POS services in strategic partnership to expand Pakistan’s digital payments infrastructure.
The ceremony was led by Hassan Raza, Managing Director & CEO of BoK, alongside senior executives from both organizations, including Arbab Ali Khan, Managing Director of KuickPay. Through this collaboration, BoK aims to provide its merchant network with advanced POS solutions, helping strengthen its deposit base, diversify fee-based income, and expand its market presence.
The initiative promises significant benefits for merchants and customers alike. The availability of POS services in strategic partnership ensures secure, seamless digital payments, enhanced convenience, and reduced reliance on cash transactions. This move aligns with Pakistan’s broader goals of digital financial inclusion and supports the Cashless Khyber Pakhtunkhwa Initiative.
BoK officials emphasized that the launch of POS services in strategic partnership with KuickPay reflects the bank’s commitment to technology-driven banking. The service will enable merchants to accept payments digitally, thereby improving transaction efficiency and customer experience. It also contributes to strengthening Pakistan’s overall digital payments ecosystem.
Industry analysts believe this partnership will encourage more businesses to adopt electronic payment solutions, supporting the government’s efforts to promote cashless transactions and digital banking adoption across the country.
With this initiative, Bank of Khyber positions itself as a forward-looking financial institution, dedicated to enhancing financial accessibility, driving innovation, and fostering the growth of Pakistan’s digital economy.
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