Categories: Business

UBL reaches Rs.1b mark in PR e-ticketing facility

F.P. Report

KARACHI: UBL Omni has achieved a milestone of PKR 1 Billion in collections for Pakistan Railways under the country’s first-ever e-ticketing facility. UBL Omni initiated this project of providing e-ticketing facilities to Pakistan Railways customers for3 trains, in August 2016. Today this e-ticketing service isavailable for online reservation and payments for 49 trains across Pakistan.

Customers from all over Pakistan can pay against their reserved tickets through digital payment modes i.e. online payment through any Debit/Credit Card, UBL Omni Wallets and UBL Omni Dukaans.Upon successful completion of the transaction, Pakistan Railways sends a confirmatory SMS to the passengers, in which the ticket, coach, seat and CNIC numbers of the passengeralong with date and time of the train are mentioned. This SMS can be treated as a ticket.

UBL Omni is now developingan e-ticket payments system through the UBL Omni application. This will be a one window solution, where customers will login and be able to make reservations and payments to Pakistan railways without leaving the UBL Omni App.

United Bank Limited (UBL) is one of Pakistan’s largest banks in the private sector. The bank operates a network of over 45,000 customer touch-points which include 1,400 branches across Pakistan and 19 branches overseas. It was declared Pakistan’s ‘Best Bank for Corporate Finance & Capital Market Development’ at the Pakistan Banking Awards 2017. The Bank’s entity ratings are AAA/A-1+. The Bank maintains its leadership in branchless banking through UBL Omni which has an agent network of over 42,100 Dukaans. The network also boasts 1120 ATMs and 480+ Contact Centre Agents across Pakistan. With a customer base of over 4 million, it leads the banking and financial services sector in Pakistan. Customers across the world have 24/7 access to the bank via UBL’s world class Internet Banking.

The Frontier Post

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