HBL Islamic Partners with Al-Hamd International Container

HBL Islamic Partners with Al-Hamd International Container (AICT) for Digital Payments in Pakistan’s Logistics Sector

Karachi — HBL Islamic has reinforced its strategic alliance with Al-Hamd International Container Terminal (AICT), a leading logistics provider in Pakistan. This partnership is set to empower AICT with a comprehensive digital payment solution, marking a significant step towards the digitalization of the logistics industry in the country. Through this collaboration, HBL Islamic aims to […]

Pakistan Connects to Arab World Payments Ecosystem

Pakistan Connects to Arab World Payments Ecosystem with “Buna-Raast Connectivity Project” Launched by PM

Islamabad, August 22, 2024 — Pakistan has taken a significant leap towards integrating into the Arab-world payments ecosystem with the launch of the Buna-Raast Connectivity Project’s Implementation Phase. Prime Minister Mian Muhammad Shehbaz Sharif inaugurated the project, which will link Raast, Pakistan’s instant payment system, with Buna, the Arab Monetary Fund’s cross-border payment system. This […]

QaboolHai Partners with Swich

QaboolHai Partners with Swich to Enhance Payment Solutions

In an exciting development, QaboolHai, a matchmaking platform that helps to find life partner has announced its partnership with Swich, an online payment gateway in Pakistan is ushering in an unparalleled financial experience to catalyze a fintech revolution. This collaboration promises to offer secure and hassle-free transactions for QaboolHai users, ensuring a smooth and seamless […]

UPaisa and Bookme.pk Partner

UPaisa and Bookme.pk Partner to Enhance Ticket Purchasing Experience in Pakistan

Islamabad – In a significant move to strengthen Pakistan’s digital payment landscape, UPaisa, a leading digital financial services platform powered by U Microfinance Bank and Ufone 4G , has entered into a strategic partnership with Bookme.pk, the country’s premier online ticketing platform. This collaboration aims to integrate UPaisa’s payment API into the Bookme.pk app, providing […]

PITB & JazzCash Partner

PITB & JazzCash Partner to Digitize Payment Solutions through PayZen

The Punjab Information Technology Board (PITB) and JazzCash have officially joined forces to advance digital payment solutions via the PayZen platform. The partnership agreement was signed by PITB Additional Director General Khurram Mushtaq and JazzCash President Murtaza Ali. Senior officials from both organizations were present at the signing ceremony, including PITB Project Director Haroon Rasul […]

PITB and Bookme.pk Partners

PITB and Bookme.pk Partners to Enhance Digital Payment Solutions through PayZen

In a significant move to advance digital payment solutions, the Punjab Information Technology Board (PITB) and Bookme.pk have signed an agreement to integrate and promote PayZen, PITB’s digital payment platform. The signing ceremony took place at PITB’s headquarters, where PITB Chairman Faisal Yousaf and Bookme.pk CEO Faizan Aslam formalized the partnership. Chairman Faisal Yousaf provided […]

Syngenta and Haball Partner

Syngenta and Haball Partner to Digitize Payments for Agricultural Franchises

Karachi, July 25, 2024 — In a groundbreaking move to digitize payment processes within the agricultural sector, Syngenta, a global leader in agricultural technology, has partnered with Haball, Pakistan’s largest payment aggregator solution provider. This strategic collaboration aims to revolutionize payment methods for Syngenta’s agri-based franchises across Pakistan. The partnership, facilitated through a referral by […]

Commerce Plex and Faysal Bank Ltd Partner

Commerce Plex and Faysal Bank Ltd Partner to Revolutionize Remittances in Pakistan

Lahore 23-07-2024: Commerce Plex, a wholly owned and fully licensed subsidiary of Simpaisa Holdings is collaborating with Faysal Bank Ltd to seamlessly integrate fintech innovation with banking expertise. This strategic alliance aims to provide increased efficiency and transparency in remittance services. With roots originating in the UK and licensed & regulated as a Foreign Money […]

WeatherWalay integrates with Neem

WeatherWalay integrates with Neem to offer Embedded Payments to its Customers

Karachi, Pakistan — WeatherWalay, Pakistan’s pioneering digital weather service company, has announced a strategic partnership with Neem, a leading embedded finance platform, to introduce a seamless embedded payment solution for its customers. This collaboration aims to enhance the payment experience by offering a variety of reliable options, including cards, bank accounts, and mobile wallets, directly […]

Total Retail Payments Now Comprise 83% Digital Transactions:

Total Retail Payments Now Comprise 83% Digital Transactions: SBP Report

Islamabad, July 2024 — Digital transactions accounted for 83% of total retail payments in Pakistan during the third quarter (January-March) of the fiscal year 2023-24, according to the State Bank of Pakistan‘s (SBP) Quarterly Payment Systems Report. The remaining 17% of transactions were conducted over-the-counter (OTC) at bank branches. Banks and Electronic Money Institutions (EMIs) […]