Karachi, Pakistan – June 24, 2024 – ABHI, a leading financial services provider, has announced a strategic partnership with Mastercard, a global technology company in the payments industry. This collaboration aims to introduce Mastercard-enabled Salary Advance Cards, a pioneering initiative in Pakistan. The Salary Advance Cards will provide employees with immediate access to their earned […]
The Pakistan Fintech Association (PFA) has called on all fintech companies, both regulated and non-regulated, to place a heightened emphasis on robust governance and compliance structures. As the financial landscape evolves and regulatory expectations rise, the PFA reaffirms its commitment to supporting fintech companies in achieving and maintaining high standards. Emphasis on Strong Governance and […]
HBL has achieved a historic milestone by becoming the first Pakistani bank to be honored with the prestigious title of “Best Trade Partner Bank – Middle East” by the International Finance Corporation (IFC), a member of the World Bank Group. This recognition underscores HBL’s significant contributions to regional trade and business growth in the Middle […]
Lahore – In a significant move to enhance Shariah-compliant financial services in rural areas, Meezan Bank has signed an agreement with Rural Community Development Programmes (RCDP). The agreement will see Meezan Bank’s Shariah Advisory Unit providing extensive Shariah technical services and support to RCDP. The agreement entails several key services, including: The signing ceremony took […]
Karachi, Pakistan – In a pioneering move, SAFCO Microfinance Company (Private) Limited (SMCL) has signed a Service Level Agreement (SLA) with Sindh Insurance Limited, a subsidiary of the Sindh Government, to introduce the Universal Accident and Social Benefit Scheme (UAISB). This initiative is a first for SMCL and aims to provide extensive benefits to its […]
June 14, 2024 – In a significant move aimed at transforming the financial landscape for rural farmers, KT Bank, currently under formation, has announced a strategic partnership with FasalPay. This collaboration seeks to provide farmers with easy access to financial services, streamline agricultural transactions, and promote financial inclusion in rural areas. The partnership between KT […]
Easypaisa, Pakistan’s leading mobile financial service provider, has enhanced its service offerings by integrating the Raast P2M (Person to Merchant) payment system on its platform. This strategic move by the State Bank of Pakistan (SBP) is designed to accelerate the digitization of merchant and business transactions nationwide. The Raast P2M payment mechanism aims to facilitate […]
In a strategic move to transform remittance services, the Bank of Punjab (BOP) has announced a partnership with NayaPay, a leading fintech company. This collaboration aims to revolutionize the process of remittance payments by enabling direct transfers into NayaPay wallets. NayaPay wallet holders will now be able to seamlessly receive remittances through BOP’s extensive network […]
KalPay, a pioneering Buy Now, Pay Later (BNPL) platform, is excited to announce a new partnership with COLABS, one of Pakistan’s premier coworking spaces. This collaboration aims to bring KalPay’s innovative financial solutions to COLABS employees, members, and their extensive network, providing them with flexible and convenient payment options. Through this strategic alliance, the COLABS […]
In a significant move towards advancing digital financial services, HABIBMETRO, 1LINK, and Kuickpay have signed a tripartite agreement to streamline the bulk onboarding of online billers. This strategic partnership leverages the innovative capabilities of Kuickpay and the robust 1BILL aggregation platform to provide seamless integration and improved service delivery. The signing ceremony, held at the […]