Karachi, April 29, 2010: KASB Bank limited recently announced the launch of its KASB One Visa Debit Card in a ceremony held at KASB Bank Head office in Karachi. Mr. Amer Pasha, Country Manager, Pakistan & Afghanistan, Visa International and Mr. Muneer Kamal, President & CEO, KASB Bank Ltd. were present to mark this auspicious occasion.
Speaking on the occasion Mr. Amer Pasha, said “Visa and KASB enjoy a healthy standing relationship and today we are really happy to partner with KASB on their first One Visa Debit card launch. This new debit offering reflects KASB’s commitment to finding innovative ways to meet the evolving payment needs of its growing customer base. We look forward to continuing to work closely with KASB in identifying new opportunities to tailor Visa’s highly versatile debit & prepaid platform to serve their customers and grow their business.”
Also speaking on the occasion, Mr. Muneer Kamal, President & CEO, KASB Bank Ltd., said, "We choose Visa as our strategic partner because they have an unmatched suite of payment products that allows our customers to pay securely and conveniently for every type of purchase. Visa Debit makes an important contribution to enhancing our relationship with our most valued partner.”
With the launch of KASB One VISA Debit Card, the bank brings its clients, yet another benefit of alternate payment mode to cash when making purchase at thousands of Point of Sale (POS) terminals across the country, millions of merchants outlets, 1.6 million ATM’s across the globe. The facility will simultaneously allow KASB Bank customers to access their accounts through its diversified network of ATMs and pay conveniently at thousands of merchant outlets with no cash/cheque transaction.
KASB Bank’s innovative inductions have been significantly enhancing the overall customer experience by matching emerging technology with their aspirations and needs.
About Visa : Visa is a global payments technology company that connects consumers, businesses, financial institutions and governments in more than 200 countries and territories to fast, secure and reliable digital currency. Underpinning digital currency is one of the world’s most advanced processing networks—VisaNet—that is capable of handling more than 10,000 transactions a second, with fraud protection for consumers and guaranteed payment for merchants. Visa is not a bank, and does not issue cards, extend credit or set rates and fees for consumers. Visa’s innovations, however, enable its financial institution customers to offer consumers more choices: Pay now with debit, ahead of time with prepaid or later with credit products. For more information, visit http://www.corporate.visa.com