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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.
