BOP launches first ‘Mastercard World Elite Credit and Debit Cards’
LAHORE: The Bank of Punjab (BOP), in partnership with Mastercard, has launched Pakistan’s first Mastercard World Elite Credit and Debit Cards, expanding its premium banking portfolio and bringing a globally recognised payments proposition to customers in Pakistan. The launch builds on BOP’s growth to become Pakistan’s largest credit card issuer despite entering the market later than established…
Lahore, 14th March 2026 - The Bank of Punjab (BOP), in collaboration with Mastercard, has introduced Pakistan’s inaugural Mastercard World Elite Credit and Debit Cards, expanding the institution’s premium banking portfolio and providing customers in Pakistan with a globally recognized payment solution. This launch underscores BOP’s growth as the nation’s leading credit card issuer, despite a later entry into the market compared to established banks.
It represents a pivotal step in BOP’s strategy to diversify its payment product offerings, with a focus on meeting the needs and expectations of high-end customers. The World Elite cards offer the benefits of global payment acceptance, along with premium travel, dining, lifestyle, and entertainment perks, enhancing the value of everyday transactions and international travel.
By combining credit and debit cards, the Bank caters to customers with varying payment preferences, while connecting them to exclusive experiences within Pakistan and beyond. This partnership merges BOP’s customer relationships and banking expertise with Mastercard’s international payment network and World Elite offerings, in line with the Bank’s ongoing transformation agenda.
Digital innovation and customer-centricity are at the core of this product development. Zafar Masud, BOP’s President and CEO, expressed that the launch of Pakistan’s first Mastercard World Elite Credit and Debit Cards is a significant milestone in BOP’s transformation journey and its commitment to setting new standards in premium banking by delivering top-notch payment solutions tailored to customers’ aspirations.
Mark Elliott, Division President of East Arabia Mastercard, highlighted the partnership’s significance, emphasizing the integration of innovative payment technology, global connectivity, and exclusive lifestyle experiences. This collaboration underscores the shared goal of enhancing customer experiences and advancing Pakistan’s payments ecosystem.
Written by urgent.news from Business Recorder's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
