Bank Alfalah acquires Phoenix to drive its POS network, the largest in Pakistan

5 September 2008

Bank Alfalah, a leading bank in Pakistan owned by Abu Dhabi Group, has awarded the contract to TPS for driving its countrywide Point of Sales network.

Bank Alfalah, a premier financial institution operating locally & internationality, provides the complete range of financial services to all corporate and consumer segments. The bank’s revolutionary credit card, free for life, and more than 22,000 POS terminals has crowned Alfalah as the largest issuer and merchant acquirer in Pakistan. Following aggressive growth plans in both cards issuing and acquiring, Alfalah has outsourced its credit card systems to First Data Corp, a global leader in electronic commerce and payment services.

TPS is honored to be selected as Alfalah’s technology partner for the bank’s merchant acquiring.

With the solution in place, the bank’s credit card holders would enjoy various value-added services across all electronic delivery channels of the bank. Phoenix as a dependable e-payment solution will power the point-of-sale (POS) network of Bank Alfalah.

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development