Standard Chartered and InfoTel signed an agreement for EMV Chip Card issuance

Karachi, June 11, 2015 (PPI-OT): Standard Chartered has signed an agreement for EMV Chip Card issuance system with InfoTel Pakistan, who are one of the leading solution providers in the area of transaction security and internet security. They are 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, Mr. 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, Mr. Riaz Siddiqui, CEO InfoTel noted “We are proud to have joined 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 Mr. Naveed Qazi, Chief Information Officer, Standard Chartered Pakistan, Mr. Irfan Lodhi, Head of Retail Products, Standard Chartered Pakistan, Mr. Aurelien Narcisse, Thales Territory Sales Director along with their respective team members.

Standard Chartered Bank (Pakistan) Limited is the oldest international Bank in Pakistan. The Bank offers a complete range of credit cards ranging from Conventional and Islamic cards for retail clients and corporate cards to Institutional clients. Our credit card products are designed to meet the lifestyle and travel related needs of clients by offering the most attractive rewards program in Pakistan.

For more information, contact:
Farhan Ahmed
Head of Corporate Communications
Standard Chartered Bank (Pakistan) Limited
1st Floor, New Jubilee Insurance Building,
I. I. Chundrigar Road, Karachi
Tel: +92-21-32450239
Cell: +92-334-3239399

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