KARACHI: ConnectPay a subsidiary of THK Solutions (Pvt) Ltd (THKS), recently signed a tri-party agreement with 1LINK (Guarantee) Limited (1LINK) and Faysal Bank Limited (FBL) to digitize their payment collection methods. The collaboration allows ease of B2B & B2C payment collection through different service channels of banks.

This collaboration will empower THKS, 1LINK and FBL to jointly provide an efficient, cost effective and strong payment infrastructure. In addition, it will drive the growth of payments by promoting new, secure, and more convenient ways to pay, and thereby advancing e-payments in established and emerging markets of Pakistan.

Anwer Matin, CEO THKS claimed, “This strategic alignment, will make online payment transaction infrastructure accessible to all business entities and provide convenient, quick payment acceptance capabilities to any business that needs to process payments from their end customers.”

Syed Zaheer Abbas, Head Consumer Finance & Card Operations, Faysal Bank commented, “We are delighted to offer this convenience to all customers of ConnectPay. It is coherent with FBL’s business strategy to improvise and enhance customer experience through our cutting-edge banking solutions to valued customers”.—PR