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Bank Alfalah teams up with PayFast for online payments solution

Tuesday 21 April 2020 14:52 CET | News

Pakistan-based Bank Alfalah has enabled Mastercard Payment Gateway Services (MPGS) on PayFast's payment gateway, following their partnership.

Due to this partnership, PayFast’s payment gateway solution will make it possible for customers in Pakistan to access multiple financial instruments, such as bank accounts, mobile wallets, and scheme cards (UnionPay, Visa, Mastercard).

Amid the COVID-19 pandemic, the need for digital payments increased. The partnership between PayFast and Bank Alfalah aims to provide acceptance for domestic and international Visa and Mastercard products for PayFast's ecommerce merchants’ ecosystem. 


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Keywords: Bank Alfalah, PayFast, Pakistan, MPGS, payment gateway, bank account, mobile wallet, scheme card, UnionPay, Visa, Mastercard, COVID-19, digital payment, ecommerce, merchant ecosystem
Categories: Payments & Commerce | Online Payments
Countries: Pakistan
This article is part of category

Payments & Commerce