HBL Microfinance Bank (HBL MfB), 1LINK (Pvt.) Limited, and Euronet Pakistan have signed a tripartite agreement to launch Pakistan’s first PayPak Credit Card, with HBL MfB as its inaugural partner. This partnership aims to enhance Pakistan’s payments landscape by offering a range of credit card options—Green, Standard, Pink, and Edge—to meet customers’ financial needs.

Mr. Amir Khan, President & CEO of HBL MfB, highlighted the importance of this initiative in expanding access to innovative financial solutions for microfinance clients, emphasizing responsible borrowing and financial inclusion. Mr. Najeeb Agrawalla, CEO of 1LINK, noted the milestone’s significance in strengthening Pakistan’s domestic payment infrastructure. Mr. Kashif Gaya, CEO of Euronet, expressed pride in contributing technology support for this innovative credit card offering.

Together, the partnership leverages HBL MfB’s reach, PayPak’s payment network, and Euronet’s technology to successfully introduce a locally powered credit card solution.