Askari Bank has modernized its credit card management through its digital platforms:
| | Threats | | :--- | :--- | | • E-commerce Growth: Partnering with platforms like Daraz or Foodpanda for exclusive discounts can boost usage. • Contactless Payments: Enhancing tap-to-pay features to capture the younger demographic. • Cross-Selling: Bundling credit cards with auto loans or mortgages. | • Competition: Aggressive marketing by banks like Bank Alfalah and HBL. • Economic Instability: High inflation in Pakistan reduces discretionary spending, impacting credit card usage. • Cybersecurity: Increasing risk of online fraud requires constant investment in security infrastructure. | askari bank credit card