Standard Chartered and InfoTel sign pact

June 10, 2015 Off By Web Desk

KARACHI: Standard Chartered has signed an agreement for EMV Chip Card issuance system with InfoTel Pakistan, one of the leading solution providers in the area of transaction security and internet security. It is well known in Pakistan financial industry for their specialised security solutions.

EMV Chip cards will provide Standard Chartered clients with the highest possible security; the embedded microchip contains encrypted information which greatly reduces the possibility of theft of cardholder information. Cardholders continue to enjoy the global acceptability of the Standard Chartered brand, and can now transact with additional peace of mind.

Commenting on the agreement, Shezad Arif, Head of Retail Clients, Standard Chartered Pakistan said, “We are extremely pleased to launch another enhancement to our retail products. It is imperative for us to provide our clients with convenience of banking and at the same time also important to provide them with secure and accessible transactions.”

Speaking about the relationship, Riaz Siddiqui, CEO InfoTel noted, “We are proud of joining hands with Standard Chartered Pakistan for this implementation. Thales P3 technology will provide Standard Chartered’s clients with security, and provide Standard Chartered the flexibility to add new applications during the cards life time.”

The signing ceremony was held in Karachi and was also attended by Naveed Qazi, Chief Information Officer, Standard Chartered Pakistan, Irfan Lodhi, Head of Retail Products, Standard Chartered Pakistan, Aurelien Narcisse, Thales Territory Sales Director along with their respective team members.