Soneri Bank, a Pakistan-based private commercial lender, has collaborated with MasterCard, to release its latest debit card and FalconPay for the bank’s customers.
Dubbed ‘MasterCard World debit card’, the new offering provides access to VIP lounges globally, complimentary services at world-class hotels, and accidental and health coverage, among other benefits.
The new debit card is said to be ideal for those who travel internationally.
Powered by MasterCard, FalconPay is a mobile financial services platform, which enables Soneri Bank to target new market segments within its mobile banking platform.
Provided by Inov8, FalconPay will enable the bank to create accessible digital channels to use its conventional branch banking.
Soneri Bank president and CEO Mohammad Aftab Manzoor said: “Soneri World debit card will provide consumers with a host of features and benefits. It is also equipped with the latest technology, to ensure safe and secure transactions.”
Manzoor further added that signing the MOU for QR payments on the FalconPay platform would become the future of payments.
Soneri Bank COO Amin Feerasta said: “Soneri Bank has always been very focused on providing innovative services to our customers; our mobile banking app is the newest addition to our ADC suite and World debit card issuance would provide a number of prestigious benefits to our customers, with FalconPay adding more flexible options to the merchant retail payments via QR code, online payments and so on.”