LMKR, Mastercard and BOK Revolutionize Transit Solutions in Peshawar with Innovative Partnership
TRVERSE • August 29, 2023

LMKR, Mastercard and BOK Revolutionize Transit Solutions
in Peshawar with Innovative Partnership

LMK Resources Pakistan (Private) Limited, Mastercard, and Bank of Khyber partnered to introduce open-loop EMV transit payments, improving commuter convenience and financial inclusion.

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TRVERSEAugust 29, 2023

LMKR, Mastercard and BOK Revolutionize Transit Solutions in Peshawar with Innovative Partnership

LMK Resources Pakistan (Private) Limited, Mastercard, and Bank of Khyber partnered under the Mastercard Transit Partner Program Agreement to advance Pakistan's transit landscape.

LMKR, Mastercard and BOK Revolutionize Transit Solutions in Peshawar with Innovative Partnership

Partnership Scope

The collaboration enables the development and deployment of EMV transit solutions designed to modernize commuter payments in Peshawar.

Open-loop payments remove reliance on conventional paper tickets and allow commuters to use debit and credit cards directly for fares.

Enterprise and Public Value

The partnership combines global transit payment expertise with local implementation capability to deliver secure, scalable, and cost-effective travel payments.

Aligned with Pakistan's digital transformation ambitions, this initiative sets a higher standard for accessibility, convenience, and financial inclusion.

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