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Jazz has been fined Rs. 30 million by PTA for poor service quality across Pakistan

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Jazz has been recently fined Rs. 30 million by the Pakistan Telecommunication Authority (PTA) for poor service quality in more than a half-dozen cities across Pakistan. Jazz was fined after failing to meet the Quality of Services Key Performance Indicators (KPIs) in seven cities, according to the PTA. It’s worth noting that PTA conducted a QoS survey in December 2020, and Jazz was found to fall short of the basic service quality standards.

HBL enables e-commerce transactions on Daraz for UnionPay cardholders

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KARACHI: HBL and Daraz join hands to enable all UnionPay cardholders to conduct e-commerce transactions from Daraz online marketplace. With this enablement, UnionPay cardholders can now perform seamless and secure transactions on Daraz. HBL has always been at the forefront of expanding its digital footprint in Pakistan through its technology-driven initiatives. In line with its vision to becoming a ‘Technology Company with a Banking License’, HBL is focused towards expanding its role in the e-commerce industry, by enabling all UnionPay cardholders to shop on Daraz, empowering them with an optimized online shopping experience.

State Life Insurance Corporation signs MoU with UBL for cash management services

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State Life Insurance Corporation of Pakistan (State Life) signed an MOU with United Bank Limited (UBL) at a ceremony recently held in Karachi. Mr. Shoaib Javed Hussain, Chairman State Life and Mr. Shazad G. Dada, President & CEO UBL were present at the ceremony. Senior officials from both organizations were also in attendance at the occasion. Through this MOU, UBL strengthen its business relationship with State Life by providing Cash Management Services through both the bank’s branch network and, as Pakistan’s ‘Best Digital Bank’ through its alternate delivery channels, including Internet Payment Gateway. UBL will also manage State Life’s fund disbursements along with providing them with Employee Banking services to their employees. Mr. Shoaib Javed Hussain, Chairman State Life, said at the event, “it is a pleasure to announce the strategic partnership between State Life and UBL at the start of State Life 50th anniversary. The partnership brings together two leading organizations of Pakistan with the shared vision of enduring inclusion and protection of people of Pakistan across all strata of society with the goal of increasing economic activities in the country. The partnership will greatly facilitate State Life’s esteemed policyholders through digital solution and services. The partnership will also extend the social protection products to UBL employees and customers, like-wise UBL’s offering to State Life’s dedicated employee. We see this step as beginning of a successful and everlasting partnership between the great Pakistani entities”.