PayFast, a fully licensed payment gateway, and United Bank Limited (UBL), one of Pakistan’s largest commercial banks, have entered into a strategic partnership to revolutionize the digital payments landscape in Pakistan. Under this partnership, UBL will serve as one of PayFast’s Partner banks.
By partnering with UBL, PayFast aims to facilitate Pakistani businesses to easily accept online payments and experience faster and smoother transaction turnaround times. Furthermore, this partnership will also spearhead PayFast’s endeavors to pave the way for improved digital products, services, and new solutions to cater to the growing needs and challenges of domestic and international businesses.
On the occasion, Adnan Ali, CEO – PayFast stated, “We look forward to this partnership with UBL, an institution that remains at the forefront of the banking sector. Their extensive banking network combined with PayFast’s expertise will further enhance the seamless and secure experience we aim to provide to our clients.”
Tughral Amir – Head Digital Money & Financial Inclusion from UBL stated that “At UBL, our digital banking division remains committed to embracing innovation to deliver enhanced banking services to all our partners and customers. PayFast, a leading fintech in Pakistan, perfectly aligns with our vision to facilitate and contribute towards the growth and development of Pakistan’s digital economy.’’
