Faysal Bank, PSO Partner for Digital Payments

Faysal Bank Limited has signed an MoU with Pakistan State Oil to expand digital payment solutions at PSO fuel stations across #Pakistan. This #partnership will introduce advanced #POS systems to make transactions smoother for fuel and non-fuel #purchases.

The new system, powered by FBL’s fintech partner Altpay, will support multiple payment methods, including bank-issued cards and PSO fuel cards. #Customers will benefit from real-time #transaction visibility and a more secure #payment process.

The signing ceremony at PSO House was attended by Yousaf Hussain, President & CEO of FBL, and Syed Taha, Director & MD of PSO, along with senior executives from both #organizations.

Yousaf Hussain stated that this initiative supports Pakistan’s shift toward #digital #financial services by making cashless transactions easier and more accessible. The collaboration aligns with FBL’s goal of promoting Shariah-compliant payment #solutions while enhancing #security and #efficiency.

By implementing these digital solutions, Faysal Bank Limited and Pakistan State Oil are working toward a more connected and modern financial #ecosystem. This partnership reflects their #commitment to financial inclusion and a #cashless #economy.