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 […]
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 […]
Dukan and The Vertical have announced the signing of a Memorandum of Understanding (MoU) aimed at transforming customer touchpoints and establishing a groundbreaking digital-first experience for tenants. This collaboration will automate invoicing, payments, collections, and property management services, setting a new benchmark in the real estate industry. The MoU was signed by Monis Rahman, CEO […]
Karachi, Pakistan – Premier Code (Pvt.) Limited, a trailblazer in technology solutions under the brand DCODE, proudly announces its strategic partnership with Bank Alfalah Limited, a leading banking institution in Pakistan. This collaboration signifies a major advancement in fostering local manufacturing and enhancing banking services across the nation. DCODE is set to become one of […]
Karachi, Pakistan – Raqami Islamic Digital Bank, an emerging leader in Islamic digital banking in Pakistan, has chosen BenchMatrix’s proprietary RiskNucleus®️ solution for its Anti-Money Laundering (AML) transaction monitoring. This decision marks a significant step forward in leveraging advanced technology and automation for enhanced financial crime detection. RiskNucleus®️, developed by BenchMatrix, is a comprehensive platform […]
U Bank and EmployMate HR Services (SMC Pvt. Ltd.) have entered into a strategic partnership to provide comprehensive branchless banking solutions for payroll management, disbursals, and other financial services. The collaboration aims to enhance the efficiency and convenience of financial operations for EmployMate and its clients. The Memorandum of Understanding (MoU) was signed at a […]
In a landmark move to enhance digital financial services across Pakistan, easypaisa is offering easycash, a digital service providing users with instant, hassle-free access to loans. This innovative offering allows easypaisa customers to obtain loans of up to PKR 15,000 without any documentation, and repay them with flexible terms, free from hidden charges. Seamless Loan […]
In a significant move towards digitizing the agricultural sector, JazzCash has teamed up with Fatima Fertilizer Company Limited to facilitate digital payments for farmers across Pakistan. This strategic partnership aims to enhance the ease and efficiency of financial transactions for farmers by leveraging JazzCash‘s extensive digital payment solutions. Initially, the collaboration will focus on onboarding […]
The State Bank of Pakistan (SBP) joined the global community in celebrating Micro, Small, and Medium Enterprises (MSME) Day, emphasizing the crucial role these enterprises play in driving economic growth, fostering innovation, and creating jobs. This year’s theme, “MSME Finance: Catalyst for Inclusive Growth,” underscores the importance of financial support in unlocking the potential of […]
Karachi, June 27, 2024 – In a landmark move to revolutionize the branchless banking sector, U Bank has entered into a strategic partnership with Bulls & Bulls. This collaboration aims to deliver comprehensive and innovative branchless banking solutions designed to enhance service quality and operational capabilities. The partnership focuses on offering cutting-edge services such as […]