Islamabad, July 10, 2024— In a significant move to streamline the payment of various receipts, the Islamabad Capital Territory Police has announced a collaboration with 1LINK and the State Bank of Pakistan (SBP) for the implementation of the 1BILL payment system. The ceremony, marking this milestone, was attended by prominent figures including Mr. Syed Ali […]
Islamabad, July 8, 2024 — The Mastercard Strive Women program in Pakistan is pleased to announce a new partnership with the Bank of Punjab (BOP), aiming to enhance formal financial access for women-led micro and small entrepreneurs across the country. Supported by the Mastercard Center for Inclusive Growth and implemented by CARE, Strive Women strengthens […]
NRSP Bank is proud to announce that it has reached the significant milestone of PKR 50 billion in deposits. This achievement is a testament to the trust and support of our valued customers, as well as the dedication and hard work of the entire NRSP Bank team. Founded with the mission to provide accessible and […]
MYTM LLC, a leading financial services provider from Saudi Arabia, is proud to announce its expansion into the United Arab Emirates with the opening of a new office in Dubai. This strategic move aims to bring innovative financing and payment solutions tailored to meet the unique needs of the UAE market. New Offerings: A Proud […]
In a groundbreaking move to revolutionize financial transactions within the public sector, the Punjab Information Technology Board (PITB), MCB Bank, and Mastercard have signed a Memorandum of Understanding (MoU) to digitize payments in Pakistan. The agreement was signed by PITB ADG Khurram Mushtaq and MCB Bank Group Head Shahzad Ishaq, marking a significant step towards […]
Islamabad – U Microfinance Bank (U Bank) and Yousuf Dewan Companies have entered into a strategic collaboration aimed at providing innovative financing options to make the ownership of electronic vehicles (EVs) more accessible and affordable for customers. The Memorandum of Understanding (MoU) was signed recently at a ceremony in Islamabad by Mr. Mohamed Essa Al […]
In a groundbreaking move to enhance healthcare accessibility, Sehat Kahani and IGI Life Insurance Limited have officially signed an agreement that promises to transform the healthcare experience for IGI Life policyholders. This strategic partnership will offer digital healthcare services, providing policyholders with instant access to general physicians and specialized care. The collaboration leverages cutting-edge technology […]
In a significant move to transform merchant and retailer payments in Pakistan, Raast, the country’s groundbreaking instant payment system, is expanding its reach through an innovative pilot program. This initiative, backed by Karandaaz Pakistan with the support of the State Bank of Pakistan (SBP), aims to onboard tier 2 and 3 retailers onto the Raast […]
ABHI has joined forces with EduFi to introduce the ‘Study Now, Pay Later’ initiative, offering a seamless solution for ABHI users to manage their children’s education expenses. This innovative program leverages Earned Wage Access (EWA) to allow users to spread the cost of education fees over convenient installments ranging from 3 to 12 months. The […]
In a significant leap towards modernizing financial services, The Bank of Punjab has partnered with Sui Northern Gas Pipelines Limited (SNGPL) to introduce a cutting-edge, real-time digital billing solution. This collaboration is set to streamline and enhance the efficiency of billing services, offering seamless and instantaneous transaction processing. The innovative partnership aims to revolutionize the […]