MCB Bank Launches Internet Gateway Payment Services

MCB Bank Limited has entered into an alliance with Alchemative, an innovative and customer-focused technology company, to provide progressive digital and financial services to e-commerce businesses.

This strategic partnership aims to provide a comprehensive solution to eCommerce companies for all of their online retail business needs.

Under this agreement, MCB Bank and Alchemative will mutually grant each other Preferred Partner status and provide a number of financial and digital services to e-commerce merchants, including internet payment gateway services, tokenization services, fraud filtering in real time, application development, e-commerce website design and development services, website administration and other technical support services, all through a unified platform.

Salman Nisar Commercial Director of Digital Banking MCB Bank and Omer Farooq, CEO of Alchemative at MCB House, Lahore were signed the agreement

Shahzad Ishaq, Group Leader, Consumer and Digital Banking, MCB Bank; Jasim Ahmed Waheed, Head of Acceptance Department, Digital Banking, MCB Bank; Umer Qasim, Ecommerce Product Manager, Digital Banking, MCB Bank. At the ceremony there were also Muhammad Tayyab, Director of Technology, Alchemative; and Ali Abbas, Alchemative’s director of e-commerce.

Shahzad Ishaq, at the occasion, said, “MCB eGate financial solution is an Internet payment gateway of choice which is preferred by most e-commerce merchants across the country, is MCB Bank’s pioneering. MCB eGate, utilized merchants that they can accept digital payments through their websites and mobile apps online, conveniently and comfortably from anywhere. With our partnership with Alchemative, we hope to provide merchants with more added value through a number of additional services at exclusively discounted rates! “

Omer Farooq on that occasion, said: “It’s alchemative to empower the society with the use of technology which is an idea of digitization. The central idea behind this partnership is to enable marchants that they configure the aspects of financials related to their businesses and digital payment with ease. Alchemative can support e-store development and back-end operations, while MCB Bank enables the merchant to configure banking and payment processes for the business, resulting in the creation of a comprehensive solution. With the help of this association, we look forward to a smooth transition to the digitized world for companies and startups”.Attachments area

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