Karachi, Septmeber 27, 2023: Digital transactions continued growth trajectory owing to the increased consumers’ preference for digital channels of mobile and internet banking for meeting their financial needs. Overall, mobile and internet banking transactions witnessed an annual growth of 57 percent by volume and 81 percent by value during the last fiscal year (FY23). The…
Karachi, March 13, 2021: Naheed Supermarket, one of the top names of retail shopping in Pakistan, has entered into an agreement with UnionPay International to enable multiple digital payment options for their respective customers. The agreement covers enablement of product areas that include, UPOP, POS on Delivery, and the dynamic QR solution. According to the…
ACE Money Transfer and Bank Alfalah Launch a Mega prize Campaign for their customers in Europe and Pakistan Karachi, October 29, 2020: ACE Money Transfer, a leading cross-border remittance provider, today advanced its services and partnership with Bank Alfalah by launching a mega incentive campaign for its customers sending remittances to Pakistan and which are…
Karachi, September 07, 2020: Pakistan’s leading digital payments app, Easypaisa has partnered with the fastest growing fintech, PayFast, in pursuit of disrupting digital payments. Easypaisa wallet users can now pay online using PayFast’s indigenous payment gateway. Approved for Pilot Operations by State Bank of Pakistan (SBP), PayFast empowers multi instrument acceptance of Scheme Cards, Mobile…
Debit cards, virtual cards and QR payments to complement the credit card portfolio Karachi, August 12, 2020: Mastercard has expanded on its existing strong partnership with Faysal Bank through an agreement that will further support the digitization of the payments infrastructure and accelerate the growth of digital transactions in Pakistan – a focus area which…