Hutchison Ports KICT, Pakistan’s leading port operator, has teamed up with Standard Chartered Bank (Pakistan) Limited and Haball to introduce a cutting-edge digital payment solution. This innovative partnership aims to streamline and automate payment processes, enhancing efficiency and security for both KICT and its customers.
The new digital payment platform, powered by Haball, will enable real-time, API-driven reporting and account rationalization. This means customers can now enjoy the convenience of 24/7 direct payments through KICT’s Online Trade Portal, which was launched in 2023 to simplify cargo clearance.
This digital transformation offers several advantages to KICT’s customers:
- Enhanced Efficiency: Automated payment processes reduce manual effort and minimize errors.
- Increased Security: Secure digital transactions protect sensitive financial information.
- Improved Accessibility: 24/7 access to payment services ensures flexibility.
- Streamlined Operations: Integration with the Online Trade Portal simplifies overall trade processes.
Rehan Shaikh, CEO & Head of Coverage at Standard Chartered, emphasized the bank’s commitment to innovation and digital solutions. He highlighted the partnership’s role in empowering clients and driving growth within Pakistan’s financial ecosystem.
Alvin Chow, CEO of Hutchison Ports KICT, expressed pride in KICT’s continuous efforts to enhance customer experience. He emphasized the alignment with Pakistan’s vision of simplifying trade and promoting ease of doing business.
Omer Ahsan, CEO of Haball, underscored the partnership’s role in driving the advancement of the digital economy and streamlining financial operations within the trade value chain.
By embracing digital innovation, Hutchison Ports KICT, Standard Chartered, and Haball are setting a new standard for efficiency and convenience in the shipping and logistics industry. This partnership signifies a significant step forward in Pakistan’s journey towards a digitally empowered future.
