In a significant move towards enhancing digital payment solutions, 1LINK (Pvt) Limited has announced its partnership with the National Police Foundation, onboarding them as a Bill Aggregation Partner on its 1BILL platform. This collaboration is expected to streamline the payment of various services provided by the National Police Foundation through 1BILL’s secure and efficient digital […]
KARACHI: The State Bank of Pakistan (SBP) has expressed full confidence in the country’s digital payment infrastructure, reaffirming its capability to support the government’s increasing drive towards a cashless economy. Speaking at the “Future Banking Summit 2024” organized by Total Communications on Monday, Syed Sohail Javaad, Executive Director of the SBP’s Digital Financial Services Group, […]
Pakistan – Telemart, one of Pakistan’s leading e-commerce platforms, has partnered with Alif Innovations to introduce the country’s first debit and credit card instalment plan for smartphones, addressing the growing challenge of smartphone affordability amid rising inflation. This innovative collaboration will enable millions of debit and credit card holders across Pakistan to purchase smartphones worth […]
In a landmark move to track and enhance the progress of digital payments, Pakistan is set to introduce a national Digital Payment Index (DPI), aiming to assess the penetration and effectiveness of digital payment infrastructure across the country. The initiative will provide a crucial tool for policymakers, financial institutions, and private sector players to gauge […]
Islamabad, Pakistan – The Pakistan Housing Authority Foundation (PHA-Foundation) has announced a strategic partnership with Timepay Pakistan to revolutionize digital payment solutions within the housing sector. This collaboration marks a pivotal step toward enhancing financial transactions for PHA-Foundation members and stakeholders by offering fast, secure, and user-friendly digital payment services. The partnership aims to eliminate […]
Karachi, Pakistan – September 26, 2024: International ride-hailing service Yango, part of the global Yango Group, has partnered with Waada, a leading Insurtech company in Pakistan, to introduce free Ride Insurance. This collaboration offers one of the most extensive safety coverages provided by any ride-hailing service in the country, benefiting both passengers and partner drivers […]
Islamabad, September 25 (APP): Jazz, Pakistan’s leading digital operator, has strengthened its commitment to promoting digital and financial literacy, economic empowerment, and reducing the digital divide through a strategic Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP). The collaboration aims to foster inclusive development and sustainable economic growth, leveraging technology-driven solutions to […]
Karachi, Pakistan – In a significant step towards enhancing its digital ecosystem, LOLC Microfinance Bank has announced a strategic partnership with Covalent Global. This collaboration aims to introduce an advanced Card Management System along with robust Middleware Services, paving the way for seamless digital enablement for LOLC’s customers. The partnership is set to revolutionize LOLC’s […]
KARACHI, September 25, 2024 – Faysal Bank Limited (FBL) has announced a strategic partnership with the International Finance Corporation (IFC), a member of the World Bank Group, under IFC’s Global Trade Finance Program (GTFP). This collaboration marks a significant step forward in enhancing FBL’s trade finance capabilities, as both institutions explore the establishment of a […]
Dubai, UAE: Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced the launch of its Islamic Account, becoming the first global crypto exchange to offer a Shariah-compliant trading solution. This innovative move marks a significant milestone in the crypto industry, opening new opportunities for Muslim traders worldwide to engage in digital assets while […]