Meezan Payroll Card enables Corporates to disburse payments (Salary, pension, staff reimbursements and bonus) to their employees in a cost effective, convenient, less riskier and more efficient manner. The product offers quicker receipt of salaries as the payment is loaded onto the m-Wallet for instant access to money.
Under this new solution, a business m-Wallet account (L3 Account) will be issued to the Corporate along with a core banking account.
An Individual m-Wallet Account (L2 Account) will be issued to the Salaried Individuals along with an ATM Card to operate their m-Wallet Account
A Web Portal will be offered to the company to disburse payments (payroll, bonus etc) at anytime and at their own convenience
Payments will be immediately disbursed and will be instantly available to the Salaried Individuals
Our systems are intelligent and perform data verification procedure before payment execution to ensure your payments are only made to the authorised individual.
Currently our Payroll Card is configured to operate on ATM machines only.
Better Control. Corporate can view status of each individual transaction (from web portal). And can easily keep track of the uploaded files and payment history.
Fill out the form below and you will be contacted by a Meezan Bank representative.