Qist Bazaar Private Limited, a fintech startup backed by Bank Alfalah has achieved a remarkable and groundbreaking milestone of being officially recognized by the Securities and Exchange Commission of Pakistan (SECP) as a ‘Shariah-Compliant Company,’ marking Qist Bazaar as the pioneering Buy Now Pay Later (BNPL) startup in Pakistan to attain such certification. This significant […]

Nuvei Corporation, the Canadian fintech company, announces that it has partnered with Stuvia, a leading marketplace enabling consumers to buy and sell educational material, to optimize its payment capabilities and expand its target consumer base internationally. Stuvia is harnessing Nuvei’s global reach, agile technology, and expertise via local acquiring capabilities in 47 markets to win […]

Account-to-account (A2A) payments provider, EchoPay, and open banking payment infrastructure leader, Token.io, have announced their partnership to bring A2A payments to wholesale merchants across the United Kingdom. Underpinned by Token.io’s best-in-class connectivity for A2A payments, EchoPay enables businesses to accept A2A payments at the point of sale, providing an additional low-cost payment option with instant […]

TreviPay, the global B2B payments and invoicing network, released a new capability to support cross-currency sales between businesses, showcasing its commitment to orchestrating choice, convenience, and efficiency in B2B payments to merchants around the world. TreviPay, which operates in 32 countries and in 20 currencies, can now facilitate transactions when the buyer seeks to be invoiced […]

GoCardless, the bank payments company, has announced a partnership with financial operations platform Kolleno to enable CFOs, Financial and Credit Controllers to schedule and automate their invoice collection. The integration enables a step change for Kolleno customers: by using GoCardless’ direct debit functionality, they can now proactively collect payments instead of waiting for the customer to pay. […]

upSWOT announces a pilot partnership with NerdWallet Small Business aimed at further enhancing the financial services offered to their SMB customers. This collaboration brings together upSWOT’s data-driven embedded finance tools and NerdWallet Small Business’ financial guidance to empower small businesses with comprehensive financial solutions. upSWOT’s embedded finance tools have gained recognition in the financial industry, […]

Ordway, a billing and revenue automation platform for scaling SaaS companies, announced its partnership with leading embedded payments provider, Exact Payments, to offer payment processing as well as automated reconciliation and cash application to Ordway’s client base. With the implementation of an embedded payments solution, clients will experience a seamless sign-up process for payment acceptance […]

Alibaba.com, a leading platform for global business-to-business (B2B) e-commerce, has concluded its participation in the GTEX Textile Machine and Chemical Brand Expo held from 3 to 5 August 2023 in Karachi, reaffirming its commitment to assisting Pakistan businesses on their journey towards digitalization and global expansion. The expo served as a valuable networking platform for […]

Zindigi, powered by JS Bank, in collaboration with Mastercard, is set to revolutionize the mass transit system in Karachi. This transformative partnership aims to enhance public transport accessibility, convenience, and financial inclusion for the city’s residents. Zindigi will launch a state-of-the-art digital payment system, driven by cutting-edge technology. In the initial phase, over 1 million […]

Visa, the world’s digital payments leader has officially inaugurated its new office in Pakistan. Visa’s expanded on-ground presence in Pakistan is a testament to its commitment to supporting the company’s financial institution and merchant clients, local government partners, investments and local communities as part of continued efforts to drive digitalization of the payments landscape. With […]