PITB signs agreement with UBL as Partner/Settlement bank to facilitate PayZen digital payments

06:45 PM | 30 Sep, 2022
PITB signs agreement with UBL as Partner/Settlement bank to facilitate PayZen digital payments

LAHORE – Punjab Information Technology Board (PITB) on Thursday inked an agreement with United Bank Limited (UBL) as Partner/Settlement Bank, to facilitate PayZen digital payments, in a ceremony held at Arfa Software Technology Park (ASTP). PITB’s Director General (IT-Operations) Mr. Faisal Yousaf and UBL Head Digital Money & Financial Inclusion Mr. Tughral Aamir Turab Ali signed the agreement on behalf of their respective organisations. The agreement enumerates the service standards for collection/disbursement of PayZen Customers with the Partner Bank.

PITB representatives including Additional Director General (ADG) Mr. Khurrum Mushtaq and Project Director Mr. Haroon Rasul Khokhar were present at the agreement signing ceremony. Senior management from UBL at the ceremony were, Head Institutions Mr. Faisal Hussain, Cluster Head Lahore Mr. Amman Channa, Head of Branch Banking Punjab North Mr. Zakaria Naseem Mir, Head of Operations Punjab North Mr. Kamran Ahmed Sheikh and Zonal Manager Rural Banking Mr. Muhammad Arif Naeem.

Through this partnership UBL will facilitate PITB-PayZen customers for digital collection and payments through all the digital banking channels. PITB’s PayZen platform will provide latest technological facilitations to its customers for execution of their financial transactions. This will be a new era of digital revolution, as PITB and UBL shake hands for digitalization of money movement process for public convenience. 


Currency Rates Today - Pakistani Rupee to US Dollar, Euro, Pound, Dirham, Riyal - 22 July 2024

Pakistani rupee rates against US Dollar and other currencies on July 22, 2024 (Monday) in open market.

USD to PKR Rate Today

US dollar was being quoted at 279.15 for buying and 280.85 for selling. Euro's buying rate remains stable at 301.25 and selling rate is 303.25.

British Pound rate is 354.75 for buying, and 358.25 for selling. UAE Dirham AED was at 76.4 and Saudi Riyal lowered to 73.60.

Currency Rates Today

Currency Symbol Buying Selling
US Dollar USD 279.15 280.85
Euro EUR 301.25 303.25
UK Pound Sterling GBP 354.75 358.25
U.A.E Dirham AED 76.40 77.15
Saudi Riyal SAR 73.60 74.32
Australian Dollar AUD 184.75 186.55
Bahrain Dinar BHD 741.15 749.15
Canadian Dollar CAD 203.50 205.50
China Yuan CNY 38.35 38.75
Danish Krone DKK 40.05 40.45
Hong Kong Dollar HKD 35.70 36.05
Indian Rupee INR 36.05 36.05
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 908.25 917.35
Malaysian Ringgit MYR 58.95 59.75
New Zealand Dollar NZD 169.24 171.24
Norwegians Krone NOK 26.04 26.34
Omani Riyal OMR 722.87 730.89
Qatari Riyal QAR 76.39 77.09
Singapore Dollar SGD 202.00 204.00
Swedish Korona SEK 26.40 26.70
Swiss Franc CHF 309.05 311.55
Thai Bhat THB 7.50 7.65


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