COVID-19 News

Bank Alfalah, National Bank of Pakistan, Mastercard unite to facilitate donations to the PM’s Pandemic Relief Fund 2020

Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online donation portal to support those in need during the pandemic.

Through the platform, people can now securely donate to Prime Minister Imran Khan’s COVID-19 Pandemic Relief Fund 2020 from anywhere in the world by using their debit or credit cards.

The initiative is in line with the State Bank of Pakistan’s (SBP) guidelines for banks to take necessary steps to facilitate donations to the Prime Minister’s COVID-19 Pandemic Relief Fund 2020.

With Bank Alfalah as the Mastercard Payment Gateway Services (MPGS) provider, Mastercard as the payments technology partner, and NBP as the facilitator with the payment link, the new partnership ensures donors’ convenience, making contributions from across the globe easy and effortless. It also encourages customers to switch to online banking and avoid unnecessary visits to branches.

Read More : Bank Alfalah records profit after tax of Rs. 2.821 billion

Related Post

Commenting on the initiative, Mehreen Ahmed, Group Head Retail, Bank Alfalah said: “Bank Alfalah understands the difficulties that people across Pakistan are facing in the prevailing circumstances, and we aim to go beyond our call of duty in order to help the government during these unprecedented times. We are committed to the government’s vision to fuel the growth of digital payments and to work towards this goal, we are pleased to collaborate with Mastercard’s fully-integrated global payment platform. We encourage people – those who are in Pakistan or even abroad – to donate generously to the PM’s COVID-19 Relief Fund, through this safe channel from the comfort of their homes. Now is the time for us to unite as a nation and emerge stronger than ever.”

“As a leading global payments provider, we’re equipped with the technology to help people during these difficult times,” said Magdy Hassan, Country Manager – Egypt and Pakistan, Mastercard. “This is why we’ve recently made several commitments towards combating the spread and mitigating the impact of COVID-19, including our most recent commitment to connecting 1 billion people to the digital economy by 2025. We’re pleased to partner with Bank Alfalah and NBP to not only enable payments to the donations platform but to also enhance the digital payment ecosystem in Pakistan, so people can use their cards to donate to those who are in need.”

Commenting on this partnership Mr. Amin Manji, Head of Technology & Digitalization NBP said: “National Bank of Pakistan is The Nation’s Bank and has always led Government initiatives especially those involving social well-being of the underprivileged. NBP shares SBP’s vision of creating a robust and easily accessible Digital Financial Ecosystem and is continually making headway to ensure we play an instrumental role. NBP collaborated with Bank Alfalah and Mastercard to facilitate the seamless inflow of contributions from around the world. We urge individuals to donate generously to the PM’s COVID-19 Relief Fund and help those amongst us rendered destitute as a result of the Pandemic.”

The Prime Minister’s COVID-19 Pandemic Relief Fund 2020 was launched to be utilized to provide food and cash to about 14 million people in need who have been severely affected by the lockdown. The option to donate to the fund will remain in place until the pandemic is over.

NewsDesk

Recent Posts

  • Latest News

KSE-100 index hits new all-time high of 67,142 points

The KSE-100 index hits a new all-time high of 67,142 points on Thursday. The Pakistan…

6 hours ago
  • Latest News

Magnitude 5.3 earthquake jolts northern areas of Pakistan

A magnitude 5,3 earthquake jolted northern areas of Pakistan on Thursday at around 4 pm.…

7 hours ago
  • Latest News

X Remains Restricted in Pakistan After 80 Days

X, formerly Twitter remains suspended across Pakistan after 80 days. The microblogging platform was blocked…

7 hours ago
  • Latest News

Beijing asserts attempts to sabotage China-Pakistan cooperation will not succeed

Beijing in a statement asserted that attempts to sabotage China-Pakistan cooperation will not succeed and…

17 hours ago
  • Travel and Tours

Fly Jinnah inaugurates second international flight connecting Lahore and Sharjah

Fly Jinnah, Pakistan’s low-cost carrier, on March 27, celebrated the inaugural flight of its second…

22 hours ago
  • Drama Reviews

Khaie Last Episode Review: Its too late for Chanaar to realize that he has been victim of revenge game all the time

Khaie, the story penned by Saqlain Abbas finally concluded with its 29th episode. It was…

24 hours ago