Prime Bank Partners Shamadhan for Digital Fund Transfers
By Varun Mittal
Prime Bank partners with Shamadhan Services for seamless digital fund transfers via MyPrime and Shamadhan apps, expanding access to mobile wallets, payments, and merchant solutions.
Prime Bank Forges Fintech Partnership with Shamadhan
Prime Bank has entered a new fintech partnership with Shamadhan Services Limited, a digital financial services provider. This collaboration will allow Prime Bank customers to seamlessly transfer funds to Shamadhan accounts.
The fund transfers can be facilitated through both the MyPrime App and the Shamadhan App, significantly enhancing digital transaction capabilities for customers.
Expanded Digital Services for Customers
Shamadhan Services offers a range of digital financial solutions, which will now be accessible to Prime Bank’s clientele. Key services include:
- Mobile wallets
- Payments
- Money transfers
- Merchant solutions
This partnership aims to broaden the reach of these essential digital financial services, providing more convenience and options for users.
Key Figures Attend Signing Ceremony
The agreement was formalized at a signing ceremony, attended by senior officials from both organizations.
- Shaila Abedin, SEVP & head of liability of Prime Bank
- Dr. Ahmed Arman Siddiqui, CEO of Shamadhan Services Limited
Other senior officials from both Prime Bank and Shamadhan Services Limited were also present to mark the occasion.