BankIslami is one of the largest Islamic banks in Pakistan, with a branch network spanning over 130 cities and comprising more than 380 branches. The bank is dedicated to its mission of saving humanity from Riba (interest), in compliance with Islamic Shariah laws. As a pioneer of innovative and secure banking solutions, BankIslami has introduced a revolutionary biometric banking system called One Touch Banking, which allows customers to carry out all transactions with just a simple impression of their thumb.
One Touch Banking is a biometric solution that enables customers to carry their bank in their thumb. The system has been designed to offer a convenient, secure, and swift transaction process that provides a seamless customer experience. With this solution, customers no longer need to carry an ATM card or cheque book to perform transactions. They can carry out all kinds of transactions with just their thumb impression, including cash withdrawals, interbank fund transfers, pay order issuance, utility bill payments, mobile top-ups, and dormant account activation.
BankIslami designed One Touch Banking with the aim of providing a safe and secure transaction process. The system is equipped with the latest biometric technology, ensuring a foolproof authentication process. The bank has also taken measures to ensure the system’s security, including protection against fraud and hacking. The One Touch Banking solution is unique in that it allows customers to execute transactions without using a cheque or debit card, making it the only bank in Pakistan to offer an instrument-less banking service.
One Touch Banking is the signature service of BankIslami, and the bank has made it available through its cash counters and ATMs. Customers can easily authenticate themselves by providing their thumb impression, and they can carry out any transaction with ease. In addition to cheque-less transaction services, BankIslami also offers Inter Bank Fund Transfer (IBFT) via One Touch Banking channel, which enables customers to transfer funds from their account to any other bank customer account. The bank provides a range of services through this channel, including cash withdrawals, fund transfers (own account & third party), mobile top-ups, utility bills payment, pay order issuance, and dormant account activation, internet banking and mobile application activation.BankIslami’s One Touch Banking solution has been widely recognized as a game-changer in the digital banking industry, and it has been featured in Philip Kotler’s new book, “The Essentials of Modern Marketing.” Kotler is a renowned expert in the field of marketing, and his book is considered the pinnacle of marketing guides used in educational institutions worldwide. BankIslami’s case study has been featured in both the international and local versions of the book, showcasing the bank’s innovative approach to digital banking solutions. The One Touch Banking solution has redefined digital banking in Pakistan, providing a safe, secure, and convenient banking experience for customers.
In conclusion, BankIslami’s One Touch Banking solution is a revolutionary biometric banking system that has redefined digital banking in Pakistan. It is a secure and convenient way to carry out all kinds of banking transactions, including cash withdrawals, fund transfers, and utility bill payments, without the need for an ATM card or cheque book. The system is equipped with the latest biometric technology, ensuring a foolproof authentication process. BankIslami has set the bar high for digital banking solutions in Pakistan, and its One Touch Banking solution is a testament to its commitment to innovation and customer satisfaction.
