{
  "id": 8865887,
  "title": "UBL Selects Euronet as POS Acquiring Processor to Accelerate Digital Payments Growth",
  "url": "https://urgent.news/2026/09/21/ubl-selects-euronet-as-pos-acquiring-processor-to-accelerate-digital",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-21T06:32:32.000Z",
  "source": {
    "name": "ProPakistani",
    "slug": "propakistani",
    "url": "https://propakistani.pk/2026/09/21/ubl-selects-euronet-as-pos-acquiring-processor-to-accelerate-digital-payments-growth/"
  },
  "original_language": "en",
  "account": "United Bank Limited (UBL), a prominent bank in Pakistan, has formed a strategic alliance with Euronet to serve as its POS acquiring processor. This partnership aims to expedite the growth of UBL's merchant acquiring operations and solidify its position in Pakistan's rapidly developing digital payments sector. The agreement was signed at UBL's headquarters, attended by key officials from both entities, such as UBL's Chief Information & Digital Officer, Mr. Sohail Aziz; Euronet Pakistan's CEO, Mr. Kashif Gaya; UBL's Group Executive for Consumer Finance, Mr. Syed Iftikhar Ul Haq; and other senior executives.\n\nThis collaboration bolsters UBL's digital payments and merchant acquiring abilities by leveraging Euronet's established technology, which simplifies merchant acquisition, onboarding, processing, settlement, and servicing. It will aid UBL's expansion, boost operational efficiency, hasten the launch of new services, and facilitate the adoption of emerging payment technologies and acceptance channels. On stage, Mr. Aziz expressed, \"As digital payments gain momentum in Pakistan, UBL remains dedicated to investing in advanced technology platforms that elevate customer experience, enhance operational efficiency, and foster the growth of our merchant acquiring business. Through our partnership with Euronet, we are reinforcing our acquiring ecosystem and broadening our capacity to provide innovative, secure, and scalable payment solutions to businesses throughout the nation. This endeavor aligns with our overarching goal of driving digital transformation and financial inclusion through technology.\"\n\nMr. Gaya expressed his satisfaction with the partnership, stating, \"We are thrilled to collaborate with UBL at this crucial stage of its growth trajectory. UBL has emerged as one of Pakistan's fastest-growing banks with ambitious plans for its POS acquiring business. Euronet's technology, scale, and extensive payment expertise place us in a strong position to support UBL in achieving these goals. We view this as a long-term strategic partnership and eagerly anticipate enabling UBL's ongoing growth in merchant acquiring and digital payments. This agreement also underscores Euronet's ongoing commitment to investing in Pakistan and assisting financial institutions in establishing secure, scalable, and forward-thinking payment infrastructure.\"\n\nThis UBL-Euronet partnership signifies a significant step in UBL's digital payments strategy and underscores its dedication to expanding merchant acceptance, fostering innovation, and contributing to Pakistan's transition towards the digital economy. This partnership lays a robust foundation for the forthcoming growth phase in Pakistan's merchant acquiring and digital payments domain.",
  "summary": "United Bank Limited (UBL), one of Pakistan’s leading banks, has entered into a strategic partnership with Euronet as its POS … Read More The post UBL Selects Euronet as POS Acquiring Processor to Accelerate Digital Payments Growth appeared first on ProPakistani .",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}