Discover all the payments and fintech-related news and analysis about Pakistan in The Paypers News, Reports, along with other Pakistan-specific insights on the payments and fintech industry:
Discover all the payments and fintech-related news and analysis about Pakistan in The Paypers News, Reports, along with other
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Mastercard has signed a multi-year agreement with Mashreq to support the company’s launch as a digital bank in Pakistan.
digital banking, digital payments, partnership, financial inclusion, customer experience
Fintech Payoneer has partnered with a Pakistan-based Islamic bank, Meezan Bank, to improve cross-border payments for Pakistani SMBs, freelancers and entrepreneurs.
SMEs, banks, mobile banking, partnership, cross-border payments
Mastercard has teamed up with foodpanda, a Delivery Hero-owned platform, to promote digital payments in Pakistan and reduce reliance on cash.
partnership, cashless, digital payments, financial inclusion
The State Bank of Pakistan (SBP) has granted a digital banking licence to Easy Paisa Bank to expand digital financial services in the country.
digital banking, SMEs, banking license, financial services, banks
Pakistan-based financial platform ABHI and Pakistan-based insurtech TPL have completed the acquisition of FINCA Microfinance Bank.
SMEs, partnership, acquisition, financial services, banks
Faysal Bank Limited (FBL), a Pakistan-based Islamic bank, has signed an MoU with Pakistan State Oil (PSO) for the implementation of digital acceptance solutions at PSO fuel stations nationwide.
banks, partnership, digital payments, Islamic banking, transactions
Pakistan-based commercial bank Bank Alfalah has signed a deal to acquire an equity stake in BNPL platform QistBazaar and entered an embedded financing agreement.
partnership, acquisition, equity, investment, fintech, banking, banks, BNPL, embedded finance, financing , financial inclusion, ecommerce, marketplace
Pakistan-based digital bank UBL has partnered with Temenos to use the latter’s digital banking platform for the digitalisation of its banking services.
partnership, online banking, digital banking, mobile banking, banking, financial institutions, financial services, financial data
The government of Pakistan has announced that cryptocurrencies will never be legal in the country in a bid to prevent illegal digital currency transactions.
cryptocurrency, regulation, compliance, digital assets
UK-based fintech company ACE Money Transfer and Bank Alfalah have partnered in order to offer clients based in Pakistan improved remittance services.
partnership, online payments, digital payments, mobile payments, financial services, financial institutions, remittance, cross-border payments
Pakistan-based fintech Neem has launched an embedded payments infrastructure to meet the needs of digital businesses in Pakistan and streamline digital transactions.
embedded payments, product launch, digitalisation, payments infrastructure, financial inclusion, digital payments
Pakistan-based Allied Bank has partnered with R&D company Synapsify Systems and UAE-based Web3 fintech Fasset to augment digital banking with metaverse and Web 3.0 initiatives.
Web 3.0, metaverse, fintech, banks, digitalisation
Information services company CRIF Gulf has announced a partnership with SAAS platform Fauree to enhance ESG Assessment and Business Information.
partnership, financial services, fintech, lending
Neem, an Embedded Finance platform, has partnered with Mastercard to enable financial wellness for underserved communities in Pakistan.
partnership, embedded finance, embedded payments, financial inclusion
Bank of Khyber, a Pakistan-based bank, has partnered with BPC to enhance ecommerce and online transaction security for its customers.
partnership, debit card, 3-D Secure, online security, online payments
UK-based fintech company ACE Money Transfer has partnered with HABIBMETRO Bank to support the use of legal channels to increase remittance inflows to Pakistan.
remittances, money remittance, cross-border payments, partnership, money transfer
Raqami Islamic Digital Bank (RIDB) has announced its partnership with Euronet Pakistan, aiming to promote digital payments in the region.
digital banking, online banking, Islamic banking, retail banking, partnership
Mastercard has announced the expansion of its partnership with SadaPay in order to address the financial needs of SMEs and freelancers in the region of Pakistan.
partnership, payments , online payments, mobile payments, digital payments, ecommerce, debit card, cross-border payments, cross-border ecommerce
Pakistan-based Faysal Bank, a subsidiary of KSA Holdings, has signed an agreement with oil marketing company Total Parco to provide digital payments to the latter’s retail network.
partnership, digital payments, cashless, financial inclusion, financial services, Islamic banking
Global card issuer Mastercard has announced it expands its partnership with Bank of Punjab to cover the commercial segment and redefine payments for Pakistan’s SMEs, freelancers, and gig workers.
partnership, digitalisation, financial inclusion, SMEs, SME lending, digital payments, cash flow, credit card, debit card, corporate card, freelance economy, gig economy, Issuer, payments , B2B payments