Pak-Qatar Takaful Group and BLINQ Solutions Private Limited have reportedly entered an agreement with a goal to streamline payment collections and assist existing and new clients with making payments from an extensive range of payment solutions.
According to a statement made on December 26, Saqib Zeeshan (Deputy CEO, PQGTL) and Asif Hasan (Founder and CEO, BLINQ) confirmed the agreement along with senior officials of the firms. As reported by local sources, these professionals include Mr. Muhammad Kashif (SVP, Digital Business, PQGTL), Muhammad Shoaib Akhtar (SEVP – Operations, PQGTL), Muhammad Saleem (CFO, PQGTL), Kashan Rafique Ahmed (Head of Automation, PQGTL) and Hassaan Rahim (Head of Business and Partnership, BLINQ).
While sharing his thouhts during the signing event, Mr. Saqib Zeeshan (Deputy CEO, PQGTL) stated:
“Pak-Qatar Takaful is committed to providing convenient and innovative services to its customers. Our partnership with BLINQ is yet another step forward in this endeavour. By enabling wide range of payment options, we are hopeful to create a long term positive impact across our customer base.”
Mr. Asif Hasan (Founder and CEO, BLINQ) while commenting on his views, noted:
“BLINQ remains focused on supporting businesses in pursuit of digital transformation through its centralized payment aggregation service. Our collaboration with Pak-Qatar Takaful Group will provide their customers the freedom to transact from their preferred mediums.”
Pak-Qatar General Takaful Limited (PQGTL) claims it is one of the “leading” General Takaful firms based in Pakistan.
PQGTL reportedly provides extensive General Takaful products’ portfolio for corporate clients and individual customers.
The firm’s shareholders include some of the most prominent financial service providers in Qatar, including Qatar Islamic Insurance Company (QIIC), and Qatar International Islamic Bank (QIIB).
As mentioned in the announcement, BLINQ is a B2B Fintech firm, providing key services in bill and payment aggregation.
It offers comprehensive bill presentment, payment collection and settlement solutions for businesses. They support companies to present bills and collect payments in a seamless manner.