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TMCNet:  UBL partners with Etisalat to receive EPG services

[January 14, 2013]

UBL partners with Etisalat to receive EPG services

(Daily Frontier Post (Afghanistan) Via Acquire Media NewsEdge) United Bank Limited (UBL) Pakistan announced its partnership with Etisalat, UAE's premier telecom provider, to receive e-Commerce Payment Gateway platform or EPG services in Pakistan. This partnership with Etisalat marks UBL's entry into a new market segment, enabling Pakistan-based merchants and corporates to serve their Pakistan based and international clients for e-Commerce transactions, using UBL as the local acquiring bank.



This partnership was finalized in an agreement signing ceremony held at Etisalat Tower, Dubai on January 7, 2013. The ceremony was attended by officials from Etisalat's e-Commerce division, including Mr. Abdulla Ebrahim Al Ahmed, SVP Business, Mr. Faisal M Omar, Manager E-Commerce, Mr. Nabeel Mohd Al Hassan, Sales Manager - Enterprise Sales and Mr. Enrique Beza, Senior Manager - Mobile Commerce. UBL was represented by Mr. Aameer Karachiwalla, Group Executive - Retail Bank, Mr. Najeeb Agrawalla, Group Head - Marketing & Product Management - Retail Bank, Mr. Faisal Qazi, Head - Alternate Delivery Channels and Mr. Haroon Mahmood, Head - Business Development, UBL International.

Speaking on the occasion, Mr. Aameer Karachiwalla, Group Executive - Retail Bank, UBL said, "The EPG's growing popularity and successful track record in the UAE means that Etisalat is well equipped to deal with the challenges that may be presented in other markets, including Pakistan. We are confident that this partnership will benefit both our corporate and individual customers in Pakistan and allow them to conduct e-Commerce transactions securely".

Mr. Najeeb Agrawalla, Group Head - Marketing, UBL said, "UBL has always been committed to providing innovative product solutions. We are happy to be partners with Etisalat, which has an impeccable track record of payment solutions in UAE and other region. We are confident that the new Electronic Payment Gateway will provide a robust and secure platform for our customers in Pakistan and will foster e-Commerce and payment systems in the country. "

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