Sundar Industrial Estate to implement Payzen Fintech System

2026-02-04 - 13:36

Sundar Industrial Estate (SIE) has signed an agreement with the Punjab Information Technology Board (PITB) to streamline payment processes through the implementation of Payzen Fintech System. Punjab Industrial Estate Chairman Maj (R) Javed Iqbal and Expo Committee Chairman Syed Maaz Mehmood chaired the contract signing ceremony, highlighting the strategic importance of this collaboration. PITB Director (Development & Procurement), Ata-ur-Rehman and President Board of Management, Sundar Industrial Estate (BOMSIE) Muhammad Ahmad Khan signed the contract on behalf of their respective organisations. PITB Joint Directors (Payzen) Syed Ijlal Hussain and Mudassir Paracha, along with SIE GM Muhammad Arif, Secretary Zia Ullah and HoD IT Atif Mehmood, were also present. This partnership will enable SIE to enhance its collection processes, ultimately boosting revenue streams. Payzen’s advanced dashboard and real-time updates will significantly improve financial oversight and transparency, aligning with modern governance practices. PITB Chairman Faisal Yousaf said, “Through this collaboration, Sundar Industrial Estate will leverage Payzen to digitise and optimise its payment collection and monitoring processes, marking a significant step toward greater efficiency, transparency, and technological integration in Punjab’s industrial sector.” American Lyceum, Pizza Delight among 54 sealed in Punjab capital