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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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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

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

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

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

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

PayFast partners with Visa through Cybersource

News | Mobile Payments | 20 Jun 2022

Pakistan-based fintech PayFast by APPS has teamed up with Visa through Cybersource to provide payment acceptance to online businesses.

partnership, Visa, SoftPOS, digital payments, merchant, ecommerce, SMEs

NBP implements Finastra's Fusion Trade Innovation solution

News | E-invoicing, SCF & E-procurement | 03 Nov 2022

National Bank of Pakistan (NBP) has implemented Finastra’s Fusion Trade Innovation solution to power its trade finance operations.

partnership, trade finance, banks, transactions , supply chain finance

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

YAP Pakistan partners with Bank Alfalah

News | Online & Mobile Banking | 12 Sep 2022

YAP Pakistan has partnered with Bank Alfalah to offer customised digital financial products and services for small and medium enterprises (SMEs). 

partnership, banks, product launch, financial services, SMEs

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

Askari Bank chooses SAS to accelerate digitisation

News | Online & Mobile Banking | 26 May 2022

Askari Bank, a Pakistan-based banking institution, has collaborated with SAS to optimise its compliance and risk processes.

banks, partnership, digitalisation, compliance, risk management

Neem joins hands with BPC

News | Payments General | 26 Oct 2022

Neem, a Pakistan-based embedded finance platform, has joined hands with BPC to develop its embedded finance technology stack.

embedded finance, payments , partnership, ecommerce, fintech

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

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

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

Dastgyr receives USD 15 mln investment from VEON Ventures

News | Ecommerce | 14 Jun 2022

Pakistan-based B2B ecommerce platform Dastgyr has obtained USD 15 million from VEON Ventures as part of its Series A to increase Pakistan’s ecommerce market.

investment, marketplace, ecommerce, mobile payments, expansion

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

Pakistan's National Savings connects with Raast payment system

News | Payments General | 24 May 2022

State Bank of Pakistan (SBP) has announced the integration of Central Directorate of National Savings (CDNS) with Raast payment system.

central bank, EMI licence, digitalisation, real-time payments, payment methods

PostEx buys rival Call Courier to consolidate its position in Pakistan

News | Ecommerce | 30 Aug 2022

Pakistan-based provider of courier and financing services PostEx has acquired rival Call Courier, making it one of the largest ecommerce delivery companies.

ecommerce, delivery, supply chain finance, acquisition, report

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