Zong, Mashreq Bank join hands for telecom banking integration
MG News | May 11, 2026 at 02:43 PM GMT+05:00
May 11, 2026 (MLN): Zong, Pakistan's leading Technology
Service Enterprise, has signed a strategic partnership with Mashreq Bank
Pakistan to embed telecom services directly within the Mashreq mobile banking
application, marking a significant step toward converging financial and
telecommunications services in the country.
Under the agreement, Mashreq customers will be able to
perform mobile recharges, purchase bundle subscriptions, and complete other
telecom-related payments without leaving the Mashreq app.
All transactions will be processed in real time through a
unified, secure digital interface, according to a press release issued.
Commenting on the development, Zong's Executive Director
Sales and Distribution, Mr. Faheem Durrani, said the partnership reflects the
company's ongoing push to expand digital access through technology.
He added that
embedding Zong's services into Mashreq's ecosystem would make essential telecom
offerings more convenient for customers, further reinforcing Zong's identity as
a technology-driven enterprise.
Muhammad Hamayun Sajjad, CEO of Mashreq Pakistan, said the
bank remains focused on simplifying everyday banking and lifestyle needs for
its customers.
He noted that as demand for mobile services grows, the
integration with Zong positions the Mashreq app as a one-stop platform for both
banking and essential telecom needs.
The collaboration is seen as a broader reflection of the
growing convergence between Pakistan's financial and telecom sectors, with both
companies signaling their intent to pursue further integrated digital solutions
across the country.
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