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MCB Bank Limited and ACCA Pakistan have signed a MoU, according to which MCB Bank will provide all ACCA Pakistan members and students an exclusive deal on its newly launched product MCB Lite-Pass it On, a mobile wallet, powered by a Visa Card for all their financial needs.
According to a bank's spokesperson here on Thursday, after the MoU signing ceremony, a session was held where the product specialists at MCB briefed about the features of MCB Lite and how it would assist ACCA members and students in making payments for their exams and their subscription fees as well as other transactional requirements.
Arif Masood Mirza, Head of ACCA Pakistan, commented that ACCA encourages the use of digital mediums for communication as well as transactions, and the affinity offerings developed by MCB will help us achieve our mission to swiftly adapt ourselves to changing technology. Stuart Dunlop, Regional Director, MENASA said that ACCA has consistently held unique core values, such as innovation at the heart of the organisation and adjusting to evolving technological developments is essential.
Sohail Malik, Head of Alliances and Loyalty MCB Bank, said MCB Bank always leads the market in terms of innovation and uniqueness. "That's why MCB Lite is getting huge penetration and response across the Pakistan by end users and big brands for affiliation possibilities," he added. Zargham Khan Durrani, Head of Retail Banking Group MCB Bank, said MCB and ACCA joint venture shows a great way forward toward a prosperous and long term business relationships between the both entities.

Copyright Business Recorder, 2014

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