Euronet Pakistan
In December 2010, Euronet Pakistan secured the blessings from the State Bank of Pakistan to set up the first EFT outsourcing centre in Pakistan.
Euronet Pakistan recently won NIB Bank as its latest outsourcing customer bringing the total to 9. The other 8 being, MCB, Barclays Pakistan, Burj Bank, JS Bank, National Bank of Pakistan, MNET, First Women Bank, SME Bank.
Euronet was the first entity in the country to achieve the following:
- PCI DSS Compliance in 2011 on version 1.2
- PCI DSS Compliance in 2012 on version 2.0
- Deployment of the first PA DSS compliant processing system in the country
- Launching the first VISA EMV Debit Card in the country
- First Third Party Processor for MasterCard in the country
Euronet Pakistan currently has AbOUT 60 personnel in its Karachi Operations Centre backed by about 3800 personnel from its sister concerns under the umbrella of Euronet Worldwide.
Euronet Worldwide owns 70% of the stake in Euronet Pakistan with complete operational control, while 30% stakes are owned by MCB Bank.