1LINK, Pakistan’s premier payment system operator, and Visa, a global leader in digital payments, have entered into a strategic partnership to drive innovation and streamline digital payment services across Pakistan. This collaboration introduces the integration of Visa Alias Directory Service within the 1LINK network, aimed at simplifying inbound remittances and significantly improving the user experience. […]
September 2024 — Bank Alfalah, one of Pakistan’s largest commercial banks, has announced a groundbreaking partnership with UnionPay International (UPI) to launch the country’s first PayPak co-badge platinum debit card. The collaboration marks a significant milestone in the banking industry, offering customers access to exclusive global privileges and seamless international transactions across 183 countries and […]
September 10, 2024 – Calabasas, California – NETSOL Technologies, Inc. (Nasdaq: NTWK), a global leader in delivering innovative solutions for the asset finance and leasing industry, has announced a significant new agreement with a longstanding customer and major automaker to support their operations in China. The five-year contract extension, valued at over $30 million, marks […]
In a significant step toward advancing Pakistan’s digital economy, Mastercard has partnered with UPaisa, the digital financial services platform of U Microfinance Bank and Ufone 4G, to introduce a new physical and virtual debit card. This collaboration aims to offer consumers a secure, convenient, and seamless way to conduct digital transactions both locally and globally. […]
In a strategic move to revolutionize the energy sector, Jazz Business has joined forces with K-Electric to introduce its premier Analytics-as-a-Service solution, Quantica. This cutting-edge partnership is set to transform how K-Electric harnesses data, enabling more informed decision-making and driving innovation within the energy industry. Quantica, Jazz Business’s top-tier analytics platform, will empower K-Electric to […]
Meezan Bank, Pakistan’s leading Islamic bank, and Fauji Fertilizer Company (FFC), the country’s largest fertilizer manufacturer, have announced a strategic partnership to launch Shariah-compliant digital agri-financing solutions tailored specifically for farmers. This innovative collaboration aims to provide an accessible, ethical, and fully digital financing process that directly addresses the unique financial needs of crop cultivation. […]
The State Bank of Pakistan (SBP) has announced the successful conclusion of Art Competition for the designs of the new banknote series. In a statement, SBP said it appreciates the local artists and designers who participated in the competition showcasing their creativity and talent in this important endeavor. After a rigorous evaluation process conducted by […]
Karachi, Pakistan; 5th August 2024: Meezan Bank, Pakistan’s leading Islamic bank and Mastercard, have announced the renewal of their strategic partnership. This collaboration, formalized through a Memorandum of Understanding (MoU) signed by Syed Amir Ali – Deputy CEO of Meezan Bank, and Mr. J. K. Khalil – Regional President of Mastercard, aims to enhance Meezan Bank’s […]
Pakistani startups are increasingly turning their attention to the Gulf region, seeking growth opportunities beyond domestic borders, according to a recent newsletter issued by Invest2Innovate (i2i) . With ongoing macroeconomic challenges, political instability, currency depreciation, and a decline in purchasing power, expanding internationally has become more than just a smart business decision – it’s now […]
In a groundbreaking collaboration, JazzCash and Haball have joined forces to address cash management challenges faced by agents across Pakistan. This strategic partnership aims to streamline transactions, enhance efficiency, and offer greater flexibility to agents, empowering them with a seamless financial experience. Through this collaboration, JazzCash agents will now have access to payments from over […]