Lahore – In a significant move to enhance Shariah-compliant financial services in rural areas, Meezan Bank has signed an agreement with Rural Community Development Programmes (RCDP). The agreement will see Meezan Bank’s Shariah Advisory Unit providing extensive Shariah technical services and support to RCDP. The agreement entails several key services, including: The signing ceremony took […]
SAFCO Microfinance Company and Sindh Insurance Limited Partner to Launch Universal Accident and Social Benefit Scheme
Karachi, Pakistan – In a pioneering move, SAFCO Microfinance Company (Private) Limited (SMCL) has signed a Service Level Agreement (SLA) with Sindh Insurance Limited, a subsidiary of the Sindh Government, to introduce the Universal Accident and Social Benefit Scheme (UAISB). This initiative is a first for SMCL and aims to provide extensive benefits to its […]
KT Bank Announces Partnership with FasalPay to provide Farmers with Easy Access to Financial Services
June 14, 2024 – In a significant move aimed at transforming the financial landscape for rural farmers, KT Bank, currently under formation, has announced a strategic partnership with FasalPay. This collaboration seeks to provide farmers with easy access to financial services, streamline agricultural transactions, and promote financial inclusion in rural areas. The partnership between KT […]
Easypaisa Enables Raast P2M Payments to Digitize Person-to-Merchant Transactions
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 […]
Bank of Punjab (BOP) Partners with NayaPay to Revolutionize Remittance Payments
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 […]
KalPay Announces Strategic Partnership with COLABS to Extend Buy Now, Pay Later Services
KalPay, a pioneering Buy Now, Pay Later (BNPL) platform, is excited to announce a new partnership with COLABS, one of Pakistan’s premier coworking spaces. This collaboration aims to bring KalPay’s innovative financial solutions to COLABS employees, members, and their extensive network, providing them with flexible and convenient payment options. Through this strategic alliance, the COLABS […]
HABIBMETRO Entered into a Tripartite Agreement with 1LINK & KuickPay for Bulk Onboarding of Online Billers
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 Introduces Raast-Based QR Code Payments for Eid-ul-Azha Sacrificial Animal Transactions
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 and PostEx Partners to Digitize Cash on Delivery Payments in Pakistan
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 […]
Easypaisa Collaborates with Blink Information and Technologies to Enhance Fraud Detection and Management
Easypaisa, Pakistan’s leading digital financial services platform, has taken a significant step towards ensuring a seamless and hassle-free experience for its users. In alignment with the State Bank of Pakistan’s Fraud Transaction Dispute Handling (FTDH) initiative, Easypaisa has announced its latest collaboration with Blink Information and Technologies. This partnership has enabled the automation of the […]