HBL and AGICO sign agreement for Online Insurance Premium Collection

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HBL, Pakistan’s largest Bank, recently signed an agreement with Askari General Insurance Corporation, Pakistan’s leading general insurance company for HBL Internet Payment Gateway.

The solution will allow AGICO’s policy holders to pay their premium payments online on AGICO’s website, using any debit card or credit card in a secure manner. Faiq Sadiq, Head Payment Services said “HBL is providing the industry with cutting edge alternate channels which not only enable the businesses to manage their payments efficiently, but also allows their customers to use easy, convenient, secure and reliable HBL alternate delivery channels. We are providing AGICO a platform to grow its business many folds. HBL is taking strides in creating an ADC eco system in the country”.

Abdul Waheed, CEO, AGICO added “With the help of this service our company will enter in new era of customer convenience. Policy holders will now be able to make payments from anywhere in the world at their convenience. Our company will be biggest beneficiary as our payments will be tracked as they happen at any point in time.