Islamabad, November 29, 2019: As part of the CEO Partnership for Economic Inclusion (CEOP), Pakistan’s leading financial institution, Telenor Microfinance Bank, and PepsiCo, the leading food and beverage company, signed a Memorandum of Understanding for the launch of Merchant to Distributor payments. The two companies signed the contract in the presence of H.M. Queen Máxima…
Karachi, November 28, 2019: Gerry’s dnata, the leading ground services provider in Pakistan, has been awarded for the ‘Best Cargo Handling Operation’ at the 2019 Pride of Ground Handling Awards. The prestigious award was accepted by Syed Haris Raza, Vice President of Gerry’s dnata, at a gala dinner during the 21st Ground Handling International Annual…
Karachi, November 26, 2019: In an effort to promote Digital Financial Services (DFS) in Pakistan, National Institutional Facilitation Technologies (NIFT), an existing Payment System Operator/Provider (PSO/PSP) offering nation-wide cheque clearing services, has signed an agreement with Bank Alfalah, one of Pakistan’s leading and progressive banks, to facilitate settlement services for mobile/electronic commerce payments (Digital Commerce…
Donors and policymakers in developing countries have placed a key focus on Financial Inclusion in the development policy agenda. The rationale for financial inclusion is simple; through inclusivity, marginalized segments of the society e.g. lower income strata, women and youth are provided with an effective interface to access financial services, allowing them to be linked…
Karachi, October 01, 2019: Careem launches its delivery app called Careem NOW in Karachi, starting with food delivery and expanding to other delivery services soon. The app will provide customers with a seamless experience and multiple cuisine options depending on their budget. Careem NOW, already operational in Dubai, Amman, Jeddah, Riyadh, Dammam and Makkah will…