Allied Bank (ABL) and Haball, a leading B2B digital payments platform, have signed a strategic agreement to digitalize supply chain payments. The signing ceremony took place at the Innovation Lab, ABL Head Office, Lahore, where the agreement was signed by Mr. Mohsin Mithani, Chief of Digital Financial Services & Innovation at ABL, and Mr. Omer Bin Ahsan, CEO of Haball.
Simplifying B2B Transactions Through Digital Payments
This partnership enables businesses across various industries to streamline their B2B payment processes. With this collaboration, distributors and retailers within the supply chain can now place orders and make real-time digital payments on the Haball platform by directly debiting their Allied Bank accounts.
The solution eliminates payment delays, accelerates reconciliation, and automates invoicing—supporting efficient working capital management for ABL’s business clients.
Enhancing Customer Experience Through Fintech Collaboration
“Allied Bank has always been at the forefront of innovation and is determined to collaborate and partner with emerging Fintechs to provide value-added services to our customers. Through this arrangement with Haball, we are entering into a new era where Fintechs can leverage ABL’s digital infrastructure which enables them to provide exceptional transactional experience to our mutual customers,”
— Sohail Aziz, Chief Digital Banking Group, Allied Bank
Building a Robust B2B Payments Ecosystem
“This is another significant step in the establishment of a robust B2B ecosystem in Pakistan. Allied Bank’s inclusion would surely assist businesses in facilitating context-driven payments, given that a number of well-known blue-chip market participants are already connected to our platform and their supply chain participant’s bank with ABL. This will help ABL in offering digital services via Haball and attract them towards ABL as a payments bank,”
— Omer Bin Ahsan, CEO, Haball