Mastercard and Netcash launch QR code billing service for SMEs
Consumers can now pay for services from thousands of small businesses, schools, and non-profit organisations by scanning a QR code with their mobile phone Leading payment solutions provider Netcash has collaborated with Mastercard to launch Quick Response (QR) code payments across its multi-channel billing platform, as part of its efforts to help Small and […]
JS Bank Witnesses Significant Growth in Profitability
Karachi, June 12th, 2020: Growing from strength to strength, JS Bank reported profit before tax of PKR 628.5 million for the quarter ended March 31, 2020, as compared to profit before tax of PKR 54.7 million over the corresponding period last year, an incredible 1000% increase. Profitability showed a marked increase primarily due to markup […]
Telenor’s Post-Pandemic Predictions
The COVID-19 crisis has unearthed new considerations for infrastructure, employment, and privacy. Telenor Research outlines three key predictions that would characterize our new world. On a scale like no other, the COVID-19 pandemic has accelerated global social and economic change that would otherwise have taken years to realize. Today, we witness countries all over the […]
Bank Alfalah, National Bank of Pakistan and Mastercard unite to facilitate donations to the PM’s Pandemic Relief Fund 2020
Strengthening its commitment to supporting the Pakistani government during the COVID-19 crisis, Bank Alfalah has joined forces with Mastercard and National Bank of Pakistan (NBP) to provide a safe online donation portal to support those in need during the pandemic. Through the platform, people can now securely donate to Prime Minister Imran Khan’s COVID-19 Pandemic […]
HBL and Pakistan Post Enter 20-Year Alliance to Boost Financial Inclusion
HBL and the Pakistan Post Office Department (PPOD) have entered into a 20-year strategic alliance to further financial inclusion by leveraging digital technology. Under this agreement, HBL will provide investments in the form of technology, infrastructure, and capacity enhancement to the PPOD with the objective of enabling, technology-based and regulatory compliant digital, financial services in […]
Finja Added to Bank List for Online Bank Transfers After Winning EMI License
After becoming Pakistan’s first fintech to win an E-Money Institution (EMI) license pilot green light from State Bank of Pakistan, Finja has now also been added to the bank’s list for Interbank Fund Transfers from any bank or ATM in Pakistan. This marks the first time a non-bank has been allowed this access and will […]
Resounding success of bank Islami Ehad Sukuk
Press release: IPO oversubscribed by 1.07x with more than 80% of the applicants subscribed through E-IPO. KARACHI, 28th MARCH, 2020: The Initial Public Offering of Bank Islami Ehad sukuk has been successfully closed. Despite the ongoing COVID–19 pandemic, significant interest was received from both institutional and retail investors with PKR 320.6 million subscriptions received against […]
Ufone Conducts Awareness Session on Coronavirus for its Employees
Islamabad, 16th March 2020: Amidst the growing threats of Coronavirus, Pakistani telecom operator Ufone in collaboration with National Institute of Health (Pakistan) conducted a public awareness session on Coronavirus (COVID-19) at the Ufone Tower in Islamabad to educate its employees about the pandemic, its symptoms and key preventative measures that should be taken on an individual […]
Emirates Introduces Generous Waiver Policy Enabling Customers to Book with Peace of Mind
DUBAI, UAE 7 March 2020: Emirates is providing customers more flexibility, choice and value through its newly introduced waiver policy for all booked tickets issued on or from today, 7 March until 31 March 2020, allowing customers across its network the choice of changing their travel dates without change and reissuance fees. The move […]