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Karachi: ABHI Microfinance Bank Ltd. (Abhi MFB) has entered into a strategic partnership with 1LINK to introduce 1GO Raast Person-to-Merchant (P2M) payment services, enabling merchants across Pakistan to accept instant digital payments through Raast QR technology.
The partnership was formalized at a signing ceremony attended by senior leadership from both organizations. The agreement was signed by Mariam Pervaiz, Chief Commercial Officer at Abhi Microfinance Bank, and Najeeb Agrawalla, Chief Executive Officer of 1LINK. Kabeer Naqvi, Entrepreneur in Residence at Abhi Fintech, along with other senior representatives, was also present at the event.
Under the collaboration, Abhi MFB will integrate 1LINK’s 1GO Raast P2M static QR solution into its merchant ecosystem. The solution will allow shopkeepers, small businesses, and service providers to accept digital payments directly into their bank accounts without requiring additional hardware or complex onboarding processes.
Customers will be able to make real-time payments using Raast-enabled mobile banking applications and digital wallets, offering a seamless, interoperable, and secure payment experience.
The initiative aims to address a major challenge faced by small and medium-sized merchants—access to affordable and easy-to-use digital payment solutions. By enabling QR-based payments, Abhi MFB seeks to help merchants reduce reliance on cash, maintain transparent transaction records, and improve cash flow management. Instant settlement and clear transaction histories are also expected to support merchants in building stronger financial profiles over time.
At an ecosystem level, the partnership supports Pakistan’s broader transition toward digital payments and financial inclusion by expanding Raast-based merchant payment acceptance nationwide. By combining Abhi MFB’s merchant-focused banking services with 1LINK’s national payment infrastructure, the initiative provides a scalable pathway for businesses to participate in the digital economy.
Representatives from both organizations emphasized that simplifying payment acceptance and ensuring interoperability are critical to accelerating digital adoption, particularly in urban and semi-urban markets.
With this rollout, Abhi Microfinance Bank continues to strengthen its digital merchant offerings, while 1LINK further extends the reach of Raast-powered payment solutions across Pakistan’s evolving payments landscape.
