More

    Meezan Bank Unveils Foreign Currency (FCY) Debit Card for Freelancers & Exporters

    Meezan Bank, Pakistan’s leading Islamic bank, has announced the launch of its Foreign Currency (FCY) Debit Card for Pakistani exporters and freelancers who hold an Exporters’ Special Foreign Currency Account (ESFCA) with the Bank.

    Powered by Mastercard, the FCY Debit Card is accepted worldwide and simplifies international payments, making it easier to manage business transactions abroad as well as make payments at retail outlets worldwide. Exporters and freelancers can now access their ESFCA account to make all types of payments, without the need for prior approval from the State Bank of Pakistan (SBP).

    The new FCY Debit Card also allows customers to withdraw cash from Mastercard ATMs worldwide, track their spending in real time, and easily make cross-border payments. Additionally, the card is equipped with 3D Secure technology, adding an extra layer of protection for e-commerce transactions. For added convenience, the card is also NFC-enabled, allowing contactless payments at retail outlets worldwide.

    “We are excited to introduce this new offering as part of our ongoing commitment to empowering Pakistan’s exporters and freelancers with enhanced financial tools, especially in today’s increasingly interconnected global economy,” said Syed Iftikhar ul Haq, Group Head – Consumer Finance at Meezan Bank. “Whether you’re traveling, shopping online, or conducting business internationally, the FCY Debit Card streamlines the payment process and provides a secure, efficient way to manage transactions across borders, ensuring peace of mind wherever you go.”

    This partnership with Meezan Bank demonstrates our dedication to delivering innovative payment solutions that cater to the evolving needs of exporters and freelancers in Pakistan,” said Arslan Khan, Country Manager for Mastercard in Pakistan. “We congratulate Meezan Bank on this initiative to support businesses as they expand their reach in the global marketplace”

    Also Read: Visa and Meezan Bank Partner to Increase Financial Inclusion in Pakistan, Unveil the Country’s First Student Debit Card

    Latest articles

    Meezan Bank and The Hunar Foundation Join Hands Under ‘Meezan Justuju’ to Bridge the Skills-to-Job Gap for Pakistani Youth

    Meezan Bank, Pakistan’s first and largest Islamic bank, has signed a Memorandum of Understanding (MoU) with The Hunar Foundation (THF), a Not-for-Profit Organization (NPO)...

    Khushhali Bank joins SBP initiative for WMSMEs

    Khushhali Microfinance Bank has signed the Women Entrepreneurs Finance Code (WE Finance Code) initiated by the State Bank of Pakistan (SBP) and the Asian...

    MG Official Urges Industry to Rethink Pricing and Real Benefits for Consumers

    As Pakistan unveils its long-awaited New Energy Vehicle (NEV) Policy 2025–30, aimed at reducing emissions and fuel dependence, voices from within the auto industry...

    Pakistan’s new National Fisheries and Aquaculture Policy unveiled

    Federal Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry on Wednesday said that under the visionary leadership of the Prime Minister, Pakistan has achieved...

    Related articles