HBL Partners with MasterCard and Monet to Launch First mPOS Service in Pakistan

HBL signed agreements with MasterCard and Monet for the rollout of the first Mobile Point-of-Sale (mPOS) service in the country.

The signing ceremony was held at HBL’s head office in Karachi between Mr. Faiq Sadiq (Head – Payment Services, HBL), Mr. Aurangzaib Khan (Country Manager – Pakistan & Afghanistan, MasterCard) and Mr. Abbas Sikander (Chief Executive Officer, Monet).


Left: Mr. Aurangzaib Khan and Mr. Faiq Sadiq — Right: Mr. Faiq Sadiq and Mr. Abbas Sikander

The mPOS solution that HBL is launching will enable micro and small merchants to accept credit, debit and prepaid cards as payment, and can also integrate with the complex back end systems of larger retailers to provide a robust mobile POS solution.

The mPOS technology “Swipe2Pay”, powered by Monet, is a low-cost solution which will help facilitate fast and secure card payments and drive card acceptance across the country.

Speaking at the occasion, Mr. Faiq Sadiq said, “HBL is proud to be the first bank in Pakistan to rollout the mPOS technology which will cater both to the consumer and merchant’s need for a faster, more convenient and cost effective way to pay and be paid. It will also enable payment automation in merchant segments which are not effectively covered by conventional POS today.”

Mr. Aurangzaib Khan, Country Manager – Pakistan & Afghanistan, MasterCard commented: “This solution will enable all types of retailers, large and small, to take advantage of the world’s fastest payment processing network in-store, off-premises, or on the move. Mobile devices are fast becoming the preferred platform to conduct payments as they offer a fast, convenient, and secure payment option for merchants and consumers alike.”

“Monet has worked in collaboration with HBL on this innovation and this intelligent mobile POS is able to complete any type of transaction from Credit / Debit cards to real time bill payments and ATM cash withdrawals / deposits.” said Ali Abbas Sikander, CEO at Monet. “By leveraging the power of cloud computing and mobility, we are simplifying transactions and this partnership brings us closer to achieving our vision of redefining how small and big businesses work, its impact on consumers and for financial inclusion in general.”

  • Abrar


    • Sayed Tofique

      azeem bhai mujhe pos machin lene he tareqeqar batain plzzzzzzz mera whatsapp no 923002503009

  • Asif

    Can other bank credit card swipe on hbl mpos?

    • Abdul Azeem

      Yes works for all :)

  • Raja Maja

    Superb work.

  • Ghulam.e.Ahmed

    what about Pre-paid Credit Cards? like in UAE I found they offer this to pay online purchase internationally… no hassle, risk is only up to the Card limit means if you buy a Pre-paid Credit Card worth $20 then the risk is limited to $20 not more… once use it and throw away, key loggers will have Card # which has zero balance :)

    • Abdul Azeem

      Would work exactly the same manner.

      • Ghulam.e.Ahmed

        really…. but off course this will be limited for HBL Account Holders as UBL’s Wiz Cards…

        • Abdul Azeem

          This will work for all type of cards and all issuer banks , HBL is an acquires transactions of all issuers of VISA/MC so all Visa MC will work on the MPOS just like it is done with traditional POS machines.

          • Ghulam.e.Ahmed

            thanks very much for your information and help :)

      • Sayed Tofique

        azeem bhai mujhe pos machin lene he tareqeqar batain plzzzzzzz mera whatsapp no 923002503009

  • Tahir Alvi


    Really good news.

    I just want to know that is there any specific requirement for receiving payment from this method ?

    We want to integrate this for getting payment from Pakistan for our donation site(Transparent-Hands).

    Tahir Alvi

    • Abdul Azeem

      Can you share your information we might have something for you. :)

      • Tahir Alvi

        Hi Abdul,

        Thanks for the reply, kindly share your email with me at [email protected].

        I will send you the details via emial.

        Tahir Alvi

  • Abdulwahab
  • Does HBL ATMs supports Payoneer MasterCard?

  • Alii

    In the U.S. I have seen taxi drivers and Food/Gut Truck guys using mPOS devices with their iPhones to accept payments as small as $5..

    It’s really nice to see small service providers in pakistan would now get empowered with the same technology..

  • adnan

    how to get him and price kia hai

  • Sayed Tofique

    mujhe pos machin chaheye koi gaid kro yar plzzzz [email protected] 923002503009

  • Sayed Tofique

    plz help me mujhe pos machin chaheye koi gaid kro yar plzzzz [email protected] whatsapp no 923002503009

  • Will this HBL master/Visa debit card work with Goddady, WordPress, Aliexpress, Amazon type websites?

  • M. Ziaullah

    I want HBL Master card for Freelancer! Can I get it / use it instead of payoneer If I can then how to get HBL Master card???? Please help me!

  • Liaqat ali

    Helo Card pay company bank send me refund on my debitcard 100usd 3month passed but not receive I contact card pay company they gave me arn no to search the transaction but my bank help Lin hbl not helping me now what I do
    Arn 75135506239000000322429
    Debit card 536619*******2089
    Bank ACOUNT 01147900576001
    Transaction date 26/8/16
    Merchant. Card pay

    • Hunain ALi

      Can you contact me on whats app or Call me please, I want a help too.
      My Number is +92-311-8166830