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Dubai Islamic Bank Pakistan inks agreement to boost product offering

Dubai Islamic Bank Pakistan Ltd. signed an agreement with TPS, a Pakistan-based technology company, to boost its product offering.

TPS will provide the bank a digital payment platform and a prepaid cards management solution, which would allow it to offer Europay, Mastercard and Visa debit and prepaid cards to customers. The move is expected to help the lender meet changing regulatory requirements and put it at par with the global payment card industry standards.