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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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Neem secured USD 4 million credit facility

News | Online & Mobile Banking | 05 Nov 2024

Neem has announced the rise of USD 4 million credit facility from DNI Group to scale its earned wage access solution across the region of Pakistan.

funding, investment, banking, financial inclusion, financial services

dLocal partners with inDrive to offer ride-hailing access in Pakistan

News | Payments General | 06 Nov 2024

Cross-border payment platform dLocal has announced its partnership with inDrive in order to optimise ride-haling access for customers in the region of Pakistan.

partnership, payments , online payments, mobile payments, digital payments

China Mobile launches PayMax

News | Mobile Payments | 05 Jan 2023

China Mobile has showcased its first digital payments solution PayMax, aiming to offer a financial solution that ensures inclusion in the unbanked sector of Pakistan.

digital payments, product launch, financial services, financial inclusion, unbanked

United Bank Limited partners with Temenos

News | Online & Mobile Banking | 15 May 2023

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

Pakistan announces a ban on cryptocurrencies

News | Cryptocurrencies | 19 May 2023

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

Bank Alfalah acquires equity stake in, and partners QistBazaar

News | Online & Mobile Banking | 10 May 2023

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 banks want to use blockchain for KYC procedures

News | Cryptocurrencies | 06 Mar 2023

The Pakistan Banks’ Association has signed a contract for the implementation of a blockchain-based know your customer (KYC) platform.

banks, blockchain, KYC, regulation

ACE Money Transfer partners with Bank Alfalah

News | Online Payments | 04 Sep 2023

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

MCB Bank partners with BPC

News | Digital Identity, Security & Online Fraud | 03 Dec 2024

MCB Bank has announced its partnership with BPC in order to provide customers with AI-powered fraud management solutions and strengthen digital security. 

partnership, fraud detection, artificial intelligence, machine learning

Mastercard joins forces with Bank of Punjab

News | Payments General | 17 Dec 2024

Mastercard has teamed up with Bank of Punjab as an exclusive partner to augment the latter’s proposition across consumer debit and credit, as well as affluent portfolio and loyalty offerings. 

partnership, payment methods, digital payments, banks, customer experience, financial services

Neem introduces embedded payments infrastructure Pakistan

News | Payments General | 25 Sep 2023

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

Allied Bank Synapsify and Fasset collaborate on Web 3.0 initiative

News | Cryptocurrencies | 25 Sep 2023

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

CRIF Gulf announces a partnership with Fauree

News | Online & Mobile Banking | 08 Nov 2023

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 partners with Mastercard

News | Payments General | 04 Dec 2023

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 partners with BPC

News | Digital Identity, Security & Online Fraud | 11 Dec 2023

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

ACE Money Transfer partners with HABIBMETRO Bank

News | Online Payments | 09 Jan 2024

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 partners with Euronet Pakistan

News | Online & Mobile Banking | 16 Jan 2024

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 expands collaboration with SadaPay

News | Payments General | 31 Jan 2024

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

Faysal Bank, Total Parco sign agreement for digital payments

News | Payments General | 02 Feb 2024

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

Mastercard expands agreement with Bank of Punjab

News | Payments General | 15 Feb 2024

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