KARACHI: HBL in its pivot towards becoming a ‘technology company with a banking licence’ has become the first bank in Pakistan to enable its customers to use their mobile phones as their credit cards and make payments instantly via HBL Pay, a press release said.

“The feature, embedded in the HBL Mobile App, makes the customer experience more convenient and hassle-free. The tokenisation technology, which is also used by leading technological giants, enables the HBL Mobile App to create a unique token for each card, which is stored in the mobile phone,” the press release added.

Currently compatible with android phones with NFC functionality, the feature will enable the customers to make payments by tapping their unlocked phones on a contactless-enabled Point of Sale (POS) machine instead of their physical credit card, the statement said.

Published in Dawn, December 17th, 2021