U Bank and TCS Private Limited have announced a strategic partnership aimed at revolutionizing cash management services, employee banking, and digital payment solutions across TCS Cash Hubs. This collaboration is set to bring significant innovation and streamline services, enhancing customer convenience. The Memorandum of Understanding (MoU) was signed by Mr. Mohamed Essa Al Taheri, President […]
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 […]
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 […]
Easypaisa, Pakistan’s leading digital payment platform, is set to revolutionize the sale and purchase of sacrificial animals this Eid-ul-Azha with its innovative in-app Raast-based QR code payment system. This initiative aligns with the State Bank of Pakistan’s (SBP) QR code payment system under the Raast instant payment service, aimed at facilitating secure and convenient transactions […]
Karandaaz Pakistan, an impact investment platform dedicated to driving sustainable economic growth and strengthening financial and social protection systems for inclusion, announced its partnership with PostEx, a leader in e-commerce logistics with over 20,000 registered merchants and a customer base of over 20 million. This collaboration aims to transform Pakistan’s e-commerce landscape by digitalizing cash-on-delivery […]
In a significant move to streamline financial transactions at cattle markets ahead of Eidul Azha, JazzCash has partnered with the State Bank of Pakistan (SBP) to enable interoperable RAAST QR codes for payments at cattle markets nationwide. This initiative aims to replace traditional cash-based transactions with secure, efficient digital payments, ensuring safe and secure transactions […]
United Bank Limited (PSX: UBL) on Monday organized an official launch ceremony of its wholly-owned subsidiary, UBL Currency Exchange (Private) Limited (UBLCEPL), in Karachi. The launch ceremony was attended by Governor State Bank of Pakistan Jameel Ahmad, President & CEO UBL Muhammad Jawaid Iqbal, along with other senior team members of SBP and UBL.The Board […]
June 3, 2024 — Digitt+, an innovative electronic money institution, has announced a strategic partnership with Bookme.pk, Pakistan’s largest digital ticketing platform. This groundbreaking collaboration aims to transform Bookme’s closed-loop ticketing system into an open mobile wallet using Digitt+’s proprietary open API platform. Through this partnership, Digitt+ and Bookme.pk will jointly serve over 2.5 million […]
In a significant move towards enhancing digital financial services, Askari Bank (AKBL), 1LINK, and Kuickpay have signed a tripartite agreement to streamline the bulk onboarding of billers. The partnership leverages the capabilities of Kuickpay and the 1BILL aggregation platform to provide seamless integration and improved service delivery. The signing ceremony, held at the Askari Digital […]