Euronet Pakistan
| Private | |
| ISIN | 🆔 |
| Industry | Financial services |
| Founded 📆 | 1969 or 2010[citation needed] |
| Founder 👔 | |
| Headquarters 🏙️ | Karachi, Pakistan |
Area served 🗺️ | Pakistan, Afghanistan, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan |
Key people | Seat Vacant (CEO) |
| Members | |
Number of employees | 30 (2016) |
| 🌐 Website | www |
| 📇 Address | |
| 📞 telephone | |
In December 2010, Euronet Pakistan secured the blessings from the State Bank of Pakistan to set up the first EFT outsourcing centre in Pakistan.
Euronet Pakistan recently won Faisal Bank as its latest outsourcing customer for Credit Cards bringing the total to 12.[1] The other 11 being, Samba Bank, MCB Bank, NIB Bank, Habib Bank, Burj Bank, JS Bank, National Bank of Pakistan, MNET, Wemsol, Al Baraka Bank, SME Bank.
Euronet was the first entity in the country to achieve the following:
- PCI DSS Compliance in 2011 on version 1.2[2]
- PCI DSS Compliance in 2012 on version 2.0
- Deployment of the first PA DSS compliant processing system in the country
- Launching the first VISA EMV Debit Card in the country[3]
- First Third Party Processor for MasterCard in the country[4]
- Launching the first MasterCard EMV Debit Card in the country[5]
Euronet Pakistan currently has about 20 personnel in its Karachi Operations Centre backed by about 3900 personnel from its sister concerns under the umbrella of Euronet Worldwide.
Euronet Worldwide owns 70% of the stake in Euronet Pakistan with complete management control, while 30% stakes are owned by MCB Bank with no management control as mandated by the State Bank of Pakistan.
References[edit]
- ↑ [1], Reuters Finance, Retrieved on Aug 13, 2012
- ↑ [2], FINEXTRA Euronet Pakistan becomes the first entity in Pakistan to achieve PCI DSS 1.2 compliance, Retrieved on Sep 8, 2011
- ↑ [3], PYMNTS Euronet Pakistan launches first VISA EMV Debit Card in the country,Retrieved on Jan 17, 2012
- ↑ [4], ENIR Euronet Pakistan becomes the first TPP for MasterCard in Pakistan, Retrieved on Jun 11, 2012
- ↑ [5], Finextra Euronet Pakistan launches first MasterCard EMV Debit Card in the country
External links[edit]
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