Haball, 1LINK and Meezan Bank sign an agreement to accelerate digitization of B2B payments in Pakistan.

An agreement was signed amongst Haball, 1LINK (Pvt) Limited (1LINK) and Meezan Bank Limited (Meezan Bank) to introduce a fast, secure and simple payment solution to accelerate digital payments in the Pakistani B2B space. The signing ceremony was held at 1LINK head office, Karachi.

This arrangement will ease B2B payment by enabling businesses of all sizes to make inter-entity digital payments, that fulfill their existing bookkeeping, reconciliation and reporting processes using Haball's Context Driven Payment solution. This solution introduces new standards, providing a one-window B2B payment aggregation solution for consolidated information across all omni-channel end-points. While Haball's role will be of an aggregator, Meezan Bank will perform the settlement function. 1LINK's largest and state of the art infrastructure will ensure seamless processing of the transactions.

"Businesses can now benefit from our context driven payment solution, automating the most fundamental business processes" said Mr. Omer Bin Ahsan, CEO, Haball. "Haball provides businesses a convenient way to pay digitally and instantly, bringing efficiencies in existing business processes by streamlining existing workflows and improving productivity".

Mr. Najeeb Agrawalla, CEO 1LINK commented "1LINK is at the forefront in bringing innovation in digital payments...