The rise in business transactions on the Internet, generally labeled as e- commerce, has been phenomenal in the past few years. Secure and robust services available 24×7, virtually unlimited geographical reach and unmatched customer convenience afforded by the facility have fuelled the growth. According to a report by Verdict, online retailing by 2011 will be worth about 28.1 bn pounds. Another report states that 50 % of all Internet transactions are made using a Visa card.
UBL is committed to continually serve its customer’s growing demands with technologically advanced and innovative services. UBL now empowers its Visa Wallet card holders for purchases on the internet. Packed with the power of VISA, this service facilitates the use of UBL Wallet card in situations where the physical card is not present. UBL customers now enjoy increased ease of use, wider acceptability, new levels of customer service excellence and convenience of accessing their accounts anytime and anywhere over the internet, while guaranteeing more protection from frauds. This unique service gives UBL the extra edge as debit cards issued by other banks in Pakistan are restricted to ATM and POS only.
“The last decade has seen exceptional growth in e-business and the launch of Internet purchases through UBL Wallet card is yet another ground- breaking service from UBL. We are proud to embrace the very latest in e-Banking services and add a new dimension to how our customers can access their accounts with unparalleled convenience, control and security.”
Najeeb Agrawalla,
Group Head – Marketing &
Sales, United Bank Limited
