Silkbank and DigitalPass, a part of Access Group, have entered into a strategic partnership creating wide array of choices for Silkbank cardholders.
This partnership will enable Silkbank cardholders to shop at several merchants across the country and pay using their loyalty points – without being restricted to a conventional catalogue of recovery options, said a press release issued here on Monday.
In addition to this, Silkbank cardholders will also be able to book instant installment plans at POS terminals and break the cost of pricey transactions while shopping at selected merchants.
Silkbank cardholders will also have the liberty to choose among different tenures to book installment plans for payments in real-time, thus transforming their retail purchase experience.
These initiatives will bring enhanced choices with added convenience to Silkbank customers by leveraging DigitalPass’ expertise in digital payments.
Silkbank has been a pioneer in the banking industry, in providing customer-oriented innovative banking services with a futuristic mind-set towards engaging its customers. Moreover, Silkbank envisions to set a leading standard with its unique value-added offerings apart from the core banking experience, it said.