Soneri Bank Limited has entered into a strategic partnership with Euronet Pakistan, a leading provider of secure electronic transaction processing, in a move aimed at accelerating the bank’s digital transformation and modernizing its card and acquiring business. The collaboration leverages a fully managed services model, enabling Soneri Bank to offer secure, seamless, and future-ready payment experiences to its growing customer base nationwide.
The partnership was formalized in a signing ceremony attended by senior leadership from both organizations. From Soneri Bank, the event was graced by CEO Muhtashim Ashai, Deputy CEO Ahsan Mushahid, CIO Muhammad Salman, and CD&IO Syed Amir Raza. Representing Euronet Pakistan were CEO Kashif Gaya, Head of Development & Operations Dawer Khan, and Head of Business Development Faisal Amin. The presence of top executives underscored the strategic importance of this collaboration for both institutions.
Under the partnership, Soneri Bank will leverage Euronet Pakistan’s advanced technology and operational expertise to enhance its card issuing and merchant acquiring capabilities. This fully managed services model will allow Soneri Bank to streamline transaction processing, improve payment security, and deliver faster, more reliable services to consumers and businesses. By modernizing core payment infrastructure, the bank aims to meet the rising expectations of digital-savvy customers while fostering broader adoption of electronic payments across Pakistan.
Industry experts note that such partnerships are critical in supporting Pakistan’s growing fintech ecosystem. With digital payments rapidly replacing cash transactions, banks and financial institutions need robust, secure, and scalable solutions to maintain customer trust and operational efficiency. Through this collaboration, Soneri Bank positions itself at the forefront of the country’s digital finance revolution, providing customers with cutting-edge payment tools while ensuring compliance with security and regulatory standards.
In addition to technological upgrades, the partnership is expected to enhance customer experience through innovative card solutions and seamless payment processing for merchants and enterprises. Euronet Pakistan’s expertise in electronic transaction management, combined with Soneri Bank’s strong retail and corporate banking network, will create a comprehensive digital payment ecosystem that supports convenience, speed, and security.
Soneri Bank’s CEO, Muhtashim Ashai, emphasized that the collaboration reflects the bank’s commitment to digital innovation and financial inclusion. He noted that integrating modern technology with customer-centric services is key to creating a resilient and forward-looking banking experience. Euronet Pakistan CEO, Kashif Gaya, highlighted the value of managed services in enabling banks to scale operations efficiently while maintaining high standards of security and compliance.
As Pakistan continues to witness significant growth in digital transactions and fintech adoption, collaborations like this set the stage for a more connected, secure, and technologically advanced financial ecosystem. By modernizing card operations and acquiring business, Soneri Bank and Euronet Pakistan are not only enhancing operational efficiency but also enabling broader participation in Pakistan’s digital economy, ensuring that consumers and businesses alike benefit from faster, safer, and more innovative payment solutions.
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