KARACHI: In a first for Pakistan’s utilities, K-Electric has partnered with global payment leader Visa to work together to facilitate digital payments that will make it easier for consumers to pay their utility bills and also reward them in the process.

K-Electric intends to bring convenience and value to their constituents and has signed a strategic partnership with Visa to enable this primarily through Visa’s digital payment solutions and partner bank mobile applications.

Starting 21st May 2023, Visa cardholders of the following banks - HBL, Bank Alfalah, Meezan Bank, Standard Chartered Bank (SCB), and Easypaisa - with electricity bills of at least PKR 1,000 will be able to avail a cash back on up to PKR 500 if they scan the Visa Dynamic Payment QR code in the Scan to Pay feature of their bank’s mobile application. Upon confirmation, an SMS will be sent to the customer on their registered mobile phone number and the cashback will be adjusted in their following month’s bill. While the cashback offer will run during the campaign period, the ability to pay through Scan to Pay will continue.

Copyright Business Recorder, 2023