FINCA Microfinance Bank and the Bank of Punjab signed an agreement on the MasterCard affiliate membership. The program enables the Bank of Punjab – a premier MasterCard partner – to extend its MasterCard license to FINCA MFB, thereby becoming the first such affiliation in the country. This milestone enables FINCA to extend state of the art MasterCard services to its customers, while maintaining a low cost footprint. Through this affiliate license by BoP, FINCA would issue Master Card branded debit cards to its core banking as well as branchless banking customers.
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