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1LINK is the largest banking consortium in Pakistan. The State Bank of Pakistan has mandated that all commercial banks in Pakistan, both foreign and domestic, become members of 1LINK. Additionally, the four switches have been interconnected since 2006. 1Link logo on UBL Wiz Visa Card. Member Banks - 37; Affiliates Members - 06; White Label ATMs ...
Incorporated in 2001, MNET was the first company in Pakistan to provide a secure electronic inter-bank connectivity platform for online financial transactions. [1] In 2002, SBP circular for the mandatory connectivity of either of the two switches (1LINK or MNET). [2] In 2004, SBP instructed 1LINK and MNET to interconnect with each other. [3]
TPS Pakistan's two founders, Mohammad Sohail and Mubashir Rahim, completed their higher education in engineering in the United States. After gaining experience at NCR Corporation, a software and electronics company specialised in computer servers and ATMs, [1] they returned to Pakistan in the early 1990s. In Karachi, they established their own ...
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PayPak (Urdu: پے پاک) is a domestic payment service available in Pakistan. [1] It was launched in 2016 by 1Link to save inter-change costs of International Payment Schemes. PayPak cards can only be used on ATMs, POS terminals, and online transactions within Pakistan. [2]
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Pakistan Software Export Board (PSEB) is an apex Government body mandated to promote Pakistan's IT Industry in local and international markets. PSEB facilitates the IT industry through a series of projects and programs in infrastructure development, human capital development, company capability development, international marketing, strategy and ...
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