Incorporated in 2001, MNET was the first company in Pakistan to provide a secure electronic inter-bank connectivity platform for online financial transactions.[1]
In 2002, SBP circular for the mandatory connectivity of either of the two switches (1LINK or MNET).[2]
In 2004, SBP instructed 1LINK and MNET to interconnect with each other.[3]
The company is now being closed as MCB has now become a member bank of 1LINK.
MNET services amalgamation with and into MCB Bankedit
MNET Services (Private) Limited amalgamated with and into MCB Bank, the effective date of amalgamation is April 30, 2019.[4][5][6]
^"State Bank of Pakistan". www.sbp.org.pk. Retrieved 2021-01-25.
^"State Bank of Pakistan". www.sbp.org.pk. Retrieved 2021-01-25.
^"MCB Bank winds up another Subsidiary". Research Snipers. 2019-11-09. Retrieved 2021-01-25.
^"MCB announces amalgamation with MNET Services and 1QFY19 profits of Rs5 bln". Mettis Global Link - News. 2019-04-24. Retrieved 2022-08-22.
^Rahman, Abdul. "MCB Bank is Looking to Wind Up Another Subsidiary". Retrieved 2021-01-25.
January 01, 1970
mnet, interbank, network, this, article, relies, excessively, references, primary, sources, please, improve, this, article, adding, secondary, tertiary, sources, find, sources, mnet, interbank, network, news, newspapers, books, scholar, jstor, january, 2010, l. This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources MNET interbank network news newspapers books scholar JSTOR January 2010 Learn how and when to remove this message MNET Services Private Limited was a Pakistani operator of inter bank connectivity platform of MCB Bank Ltd formerly known as Muslim Commercial Bank for online financial transaction processing and offers a managed services portfolio that includes card personalisation amp management mobile payment services and ATM amp POS controller hosting Logo used in 2001History editIncorporated in 2001 MNET was the first company in Pakistan to provide a secure electronic inter bank connectivity platform for online financial transactions 1 In 2002 SBP circular for the mandatory connectivity of either of the two switches 1LINK or MNET 2 In 2004 SBP instructed 1LINK and MNET to interconnect with each other 3 The company is now being closed as MCB has now become a member bank of 1LINK MNET services amalgamation with and into MCB Bank editMNET Services Private Limited amalgamated with and into MCB Bank the effective date of amalgamation is April 30 2019 4 5 6 References edit State Bank of Pakistan State Bank of Pakistan Retrieved 2022 08 22 State Bank of Pakistan www sbp org pk Retrieved 2021 01 25 State Bank of Pakistan www sbp org pk Retrieved 2021 01 25 MCB Bank winds up another Subsidiary Research Snipers 2019 11 09 Retrieved 2021 01 25 MCB announces amalgamation with MNET Services and 1QFY19 profits of Rs5 bln Mettis Global Link News 2019 04 24 Retrieved 2022 08 22 Rahman Abdul MCB Bank is Looking to Wind Up Another Subsidiary Retrieved 2021 01 25 Retrieved from https en wikipedia org w index php title MNET interbank network amp oldid 1174453630, wikipedia, wiki, book, books, library,
