TouchPoint’s CADEPO Enables Over PKR 5 Billion in Deposits for Faysal Bank Retail Customers

PAKISTAN: Over PKR 5 billion has been deposited throughTouchPoint’sCADEPO, powered by QMatch, across Pakistan’s retail sector. This advanced Cash & Cheque Deposit Solution (CCDM) has enabled Faysal Bank retail customers to conveniently access 24/7 real-time deposit services, reducing reliance on branch counters and enhancing overall banking efficiency. CADEPO powered by QMatch combines reliability, security, and scalability to ensure that every transaction is seamless. With proven performance, the solution not only strengthens deposit infrastructure but also supports banks in delivering the kind of customer experience expected in a fast-changing financial landscape. This initiative reflects TouchPoint’s commitment to providing cutting-edge financial technology solutions that empower banks to offer superior convenience and service. By continuously enhancing uptime, service reliability, and customer accessibility, TouchPoint is helping Faysal Bank meet the evolving expectations of its retail customers. The development also comes as the State Bank of Pakistan (SBP) has directed banks and microfinance banks (MFBs) to ensure that at least 25 percent of their branch networks are equipped with Cash & Cheque Deposit Machines (CCDMs) by 2028. This directive underscores the growing importance of digital and self-service banking channels in driving inclusion, efficiency, and accessibility across the country. With CADEPO powered by QMatch, TouchPoint and Faysal Bank are not just keeping pace with regulatory requirements but are also shaping the future of self-service banking in Pakistan.