Faysal Bank selects Alliance Network to boost digital payments in Pakistan

By Gloria Methri

Faysal Bank Ltd, an Islamic Bank in Pakistan, has entered into a strategic partnership with Alliance Network to revolutionise the digital acceptance landscape by providing cutting-edge solutions to businesses.

By virtue of this partnership, Alliance Network will further strengthen Faysal Bank’s digital payments tech stack by ensuring a superior experience for end-users and businesses, aiding them in going cashless and increasing their revenue footprint.

Alliance Network is a prominent digital payments solutions provider in Pakistan, specialising in advanced and innovative technologies to deliver seamless payment experiences. The company enhances payment solutions for businesses of all sizes, from SMEs to large enterprises, equipping merchants to drive Pakistan’s digital-first transformation and reshape its payment infrastructure.

Niranj Sangal, CEO of Alliance Network, shared his excitement about the partnership, saying, “We are excited to formalise this partnership with Faysal Bank. This collaboration marks a key milestone in strengthening Pakistan’s digital payment landscape, and we are confident that our combined efforts will help unlock new growth opportunities for businesses across the country.”

Amin Ur Rahman, Chief Digital Officer at Faysal Bank, emphasised the significance of this partnership, “We strongly believe in growth through partnerships and selecting the right partner is the first step in that direction. Joining hands with Alliance Network will create a strategic advantage for Faysal Bank in the digital acceptance space”.

Faysal Bank’s journey is unique in itself, being the first bank in the country to transition from a conventional banking network to a fully Islamic bank. It is now one of the largest Islamic banks in the country, with over 850 branches operating across 250+ cities.