Faysal Bank Launches Pakistan’s First Co-Badged Card

Faysal Bank has launched Pakistan’s first PayPak–Mastercard Co-Badged Debit Card, combining local reliability with global acceptance. This milestone supports SBP’s vision for a secure, interoperable payments ecosystem while advancing digital transformation and financial inclusion.

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Faysal Bank Limited has introduced Pakistan’s first PayPak–Mastercard Co-Badged Debit Card, a breakthrough in the nation’s payments ecosystem. By combining PayPak’s cost-efficient local infrastructure with Mastercard’s global reach and security, the card supports the State Bank of Pakistan (SBP)’s vision for a strong, interoperable, and self-reliant digital payments framework.

The launch event, attended by SBP Governor Jameel Ahmad and senior leadership from Faysal Bank, PayPak, Mastercard, and Euronet, highlighted the strategic importance of this collaboration. The co-badge card enables seamless domestic and international transactions, advancing financial inclusion and digital transformation.

Faysal Bank’s CEO Yousaf Hussain emphasized that this milestone reflects the strength of Pakistan’s payments ecosystem and the value of partnerships between local and global institutions. Building on its reputation for Shariah-compliant and innovative banking, Faysal Bank continues to lead the way in offering secure, future-ready solutions for customers.