Karachi: Habib Bank Ltd. has signed an agreement with MCB to join the MNET Merchant network for wider acceptance of Habib Bank cards. The agreement was signed by Mr. Mohammad Aftab Manzoor, President & Chief Executive, MCB and Mr. R.Zakir Mahmood, President & CEO Habib Bank Ltd at a ceremony, held at MCB Tower on June 22, 2005.
The agreement has laid down the foundation for the two icons of the banking industry to join their hands for providing enhanced services to the customers. As a result of this agreement, Habib Bank’s cardholders who were already using their cards at the countrywide MNET ATMs can now make purchases through their cards at thousands of MNET Merchant locations. MNET currently has the largest Debit Merchant Network in Pakistan equipped with the state of the art Point Of Sale terminals. MNET Merchant Network is also preferred by various other banks’ customers because it provides enhanced security to the cardholder through PIN code (Personal Identification Number) authorization with Internationally accepted standards.
