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Pakistan

BankIslami enables account holders on NIFT ePay

The Biz Update4 years ago04 mins

Karachi, January 14, 2021: BankIslami, in line with its vision to enable and promote cash-less and digital payments, becomes the first Islamic bank to go live with NIFT ePay. National Institutional Facilitation Technologies (NIFT), one of the largest payment processors in Pakistan launched its services for enabling digital commerce payments (Mobile / Electronic Commerce Payments) through…

Business

Banks Account Holders To Whiten Their Money In Amnesty Scheme

The Biz Update5 years ago04 mins

Karachi, June 3, 2019: Federal Board of Revenue (FBR) is all set to tighten the screws on banking customers who will be asked to whiten their bank deposits of Rs. 0.5 million and above under the recent Amnesty Scheme. In the recent meeting with the FBR Chief with Chief Financial Officers of different banks, it…