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NIFT, Checkout.com sign MoU to bring more payment options to Pakistan

Thursday 20 August 2020 09:46 CET | News

NIFT and Checkout.com have signed a Memorandum of Understanding (MoU) for collaboration between both entities, bringing greater payment optionality to the Pakistan market.

The agreement enables both organisations to provide payment services through each other's infrastructure, and pursue commercial opportunities. This strives towards a borderless experience for business and consumers alike, promoting digital payments and settlements for exports and digital commerce across Pakistan.

Checkout.com is a global integrated payment provider which offers payments in more than 150 different currencies, in-country acquiring, fraud filters and reporting - all accessed through a single point of integration. They accept payments from all major international card schemes, including Visa, Mastercard, American Express and UnionPay as well as popular alternative and local payment methods.

NIFT ePay is the first domestic payment gateway for Pakistan. "NIFT ePay" allows for the aggregation of all different digital payment instruments available in Pakistan. It enables consumers to pay for ecommerce purchases or against business invoices digitally.


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Keywords: NIFT, Checkout.com, payment gateway, ecommerce, digital payments, local payment methods
Categories: Payments & Commerce | Online Payments
Countries: Pakistan
This article is part of category

Payments & Commerce