Raqami Islamic Digital Bank Ltd. (RIDBL), one of the leading contenders for the digital retail bank license under Pakistan’s 2022 Licensing and Regulatory Framework for Digital Banks, proudly announces a strategic partnership with 1LINK, the nation’s largest Payment Service Provider and Payment Service Operator. The partnership was formalized during a signing ceremony at the 1LINK […]
The Bank of Khyber (BoK) has unveiled a new tripartite arrangement with 1LINK and Kuickpay, aiming to simplify the bulk onboarding process for online billers. This significant development is expected to enhance efficiency and speed in business enrolment processes. The agreement was signed by Jawad Hassan Khan, Divisional Head of Alternate Delivery Channels at BoK; […]
PayFast Becomes First Payment Gateway to Launch Raast P2M Services Islamabad, Pakistan – May 17, 2024 – PayFast, Pakistan’s leading and commercially licensed payment service provider (PSP), has achieved a groundbreaking milestone by becoming the first payment gateway to go live with Raast Person-to-Merchant (P2M) services. This achievement enables PayFast’s partner businesses to accept payments […]
JS Bank, a leading financial institution in the country, has announced a strategic partnership with Euronet Pakistan, a division of Euronet Worldwide renowned for global payment processing and transaction services. This collaboration aims to revolutionize the management of debit card services and ATM operations. Under this agreement, JS Bank will leverage Euronet’s advanced infrastructure in […]
In a bid to enhance convenience and promote efficient urban management, JazzCash has joined forces with the Karachi Water & Sewerage Corporation (KWSC) to facilitate seamless bill payments and contribute to a cleaner Karachi. Karachi, Pakistan – [10 May, 2024] – JazzCash, a leading digital financial services provider, has announced a strategic partnership with the […]
In a strategic move aimed at transforming Pakistan’s payment ecosystem, Mashreq Pakistan has announced its partnership with Paysys Labs, a leading payment technology provider. The collaboration is set to introduce cutting-edge digital payment solutions, enhancing convenience, reliability, and speed for customers across the nation. The initiative will focus on developing an innovative payment solution integrating […]
As the software landscape continues to evolve, Software as a Service (SaaS) has emerged as a pivotal component, constituting a significant portion of the global software market—accounting for one-third of its entirety. Its influence extends across diverse industries, with payments being no exception. In the realm of finance and technology, burgeoning fintech enterprises are leveraging […]