HBL Launches Industry’s First Fully ERP-Integrated QR Payment Solution

HBL becomes the first bank in Pakistan to launch the Dynamic QR code transaction process. In partnership with Visa and Confiz, the new transaction process offers a seamless, safe and convenient payment mechanism for the customer. Reinforcing its passion for customer-centric digital banking under the slogan of ‘more than just banking’, HBL Mobile and Konnect by HBL are tirelessly working towards developing a deeper understanding of customer needs in order to serve them better by offering them intuitive banking solutions. ALSO READ Govt Is Creating A Conducive Environment For E-commerce Startups: Commerce Secretary The Dynamic QR code process will enable HBL Mobile, Konnect by HBL, and other Visa QR issuing bank customers a “One scan solution” to process their payments. Customers no longer have to manually enter the transaction amount after scanning to make a payment. Through this new process, customers will only scan one QR code which will be printed on the in-store POS receipt or displayed on the in-store POS terminal, and all of their transaction details will be captured and processed automatically. The new process is aimed at being end-user friendly and integrates with Microsoft Dynamics 365/AX, which is a leading ERP solution already implemented by several leading retail brands in Pakistan. Some of these include Alkaram Studio, Mothercare, Next, Debenhams, ELC and Timberland. The new ERP solution is a state-of-the-art, easy-to-use, fully customizable, scalable system providing merchants and retailers real-time visibility on synchronization of services from inventory, orders and store-level sales to payments management. Previously, this was all being handled and updated manually with multiple reports being generated that required cross-functional teams to work round the clock, which was an extremely time and resource-consuming activity. As part of the launch for this project, HBL will be going live with AK Galleria for the Dynamic QR solution, whose brands include Aldo, Babyshop, Mango, Splash & Women’s Secret. ALSO READ ADB Grants $500 Million Loan to Pakistan for COVID-19 Vaccines Abrar Ahmed Mir, Chief Innovation and Financial Inclusion Officer – HBL, commenting on the new service said, Kamil Khan, Visa’s Country Manager for Pakistan, also lauded HBL’s efforts in launching the Dynamic QR code and said