Karachi, Pakistan – Faysal Bank Ltd. (FBL), a leading Islamic bank in Pakistan, has entered into a strategic partnership with Alliance Network to transform digital payment acceptance for small and medium-sized enterprises (SMEs). This collaboration aims to expand Pakistan’s digital payment infrastructure, enabling businesses to embrace cashless transactions and enhance their growth through innovative financial solutions.
The partnership will strengthen Faysal Bank’s digital payments ecosystem, equipping businesses with state-of-the-art technology to facilitate seamless payment acceptance. This initiative is expected to drive financial inclusion and improve revenue potential for SMEs across the country.
Commenting on the partnership, Amin Ur Rahman, Chief Digital Officer at Faysal Bank, stated: “At Faysal Bank, we strongly believe in growth through partnerships, and selecting the right partner is the first step in that direction. Joining hands with Alliance Network will create a strategic advantage for Faysal Bank in the digital acceptance space.”
Niranj Sangal, CEO of Alliance Network, expressed enthusiasm about the collaboration, saying: “We are excited to formalize this partnership with Faysal Bank. This collaboration marks a key milestone in strengthening Pakistan’s digital payment landscape, and we are confident that our combined efforts will help unlock new growth opportunities for businesses across the country.”
With a robust network of approximately 855 branches in over 340 cities, Faysal Bank is expanding its footprint while driving digital innovation. The bank remains committed to providing Shariah-compliant banking solutions and enhancing digital payment acceptance for businesses and individuals across Pakistan.
About Faysal Bank
Faysal Bank’s journey is unique in itself, being the first bank in the country to transition from a conventional banking network to a fully Islamic bank. It is now one of the largest Islamic banks in Pakistan, with over 850 branches operating across 250+ cities.
About Alliance Network
Alliance Network is a prominent digital payments solutions provider in Pakistan, pioneering advanced and innovative technologies to deliver seamless payment experiences. The company enhances payment solutions for businesses of all sizes, from SMEs to large enterprises, equipping merchants to drive Pakistan’s digital-first transformation and reshape its payment infrastructure.
