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Tag: MCB-Arif Habib Savings and Investments Limited

MCB-Arif Habib Savings and Investments Limited sign agreement with Covalent to bring 1LINK enabled PayPak Debit Card

Business, General Business News
Karachi, February 19, 2018 (PPI-OT): MCB-Arif Habib Savings and Investments Limited (MCB-AH) has signed an agreement with Covalent Pvt Limited an Access Group and TPS Joint Venture to launch Pakistan’s First mutual fund with 1LINK enabled PayPak Debit Card. This technology partnership will enable MCB-AH Investors to withdraw cash from any 1LINK enabled ATM and perform transactions at merchants just like a regular debit card in Pakistan. Speaking at the occasion, Mr. Saqib Saleem, CEO, MCB-AH said “This is a ground-breaking innovation for the mutual funds industry of Pakistan. With the collaboration with Covalent and support of 1LINK we are pleased to bring this service that will change the transactional dynamics and most importantly bring ease and convenience to our customers.”...