In continuation of earlier relief measures on account of the COVID-19 crisis, K-Electric (KE) is facilitating small and medium enterprises (SMEs) through pre-paid electricity bills under the “Chota Karobar-o-Sannat Imadadi” package announced by the federal government. Under the package, eligible commercial customers with sanctioned load up to 5kW and industrial consumers with sanctioned load up […]

The State Bank of Pakistan has permitted NayaPay (Pvt.) Limited, an upcoming E-money Institution (EMI), to commence operations on a limited scale. It is the second company to be provided such permission. The pilot stage is a precursor to the full launch of the services and features of the EMI to the general public. Over […]

Telenor Microfinance Bank’s mobile banking platform, Easypaisa has been awarded by Global Finance Magazine as ‘The Innovators 2020’ in the field of Payments. The Easypaisa App has been recognized for consistent efforts in forging new paths and introducing distinct yet sophisticated tools to tackle modern issues in Finance. ‘The Innovators 2020’ is a platform that […]

Since its launch of Refinance Scheme to Support Employment and Prevent Layoff of Workers, called Rozgar Scheme in common parlance, State Bank has been constantly receiving feedback from various stakeholders, making the scheme more facilitative for businesses and creating incentives to prevent the layoff of employees under current COVID Pandemic scenario. Many of the changes […]

Karandaaz Pakistan, with financial support from the UK’s Department for International Development (DFID), is helping the Securities Exchange Commission of Pakistan (SECP) digitalize its key operations. In the first phase of this process, a digital Secured Transactions Registry (STR), governed by The Financial Institutions (Secured Transactions) Act, 2016 has been launched. The STR is an […]

“Our customers have always been our highest priority, but even more so during these unprecedented times”, mentioned Mohsin A. Qureshi, Chief Operating Officer at Cheetay, while expressing his point of view on the impact of COVID-19 outbreak on e-commerce landscape in Pakistan during an exclusive Q&A session with Daily NewsPK. 1. How do you see […]

JazzCash has announced its partnership with Mastercard in a hope to strengthens the payments ecosystem for merchants and customers in Pakistan. More than seven million customers and merchants use JazzCash every month, making it Pakistan’s leading digital wallet. The partnership with Mastercard will allow merchants to accept digital payments from customers, digitize their supply chain, […]

“When COVID-19 took hold, necessity dictated that all organizations move to digital. Hence, to ensure safety, all communication is now done online with new ways to collaborate and innovate”, said Najeeb Agrawalla, Chief Executive Officer at 1LINK in an exclusive Q&A session with Daily NewsPK while sharing his insights about the current scenario of the economy and […]

Visa, a leader in digital payments, announced that Euronet Worldwide, a global financial technology solutions and payments provider based in Dubai, will be working together to augment Visa’s Fintech Fast Track programme in Central and Eastern Europe, the Middle East, and Africa (CEMEA). The program makes it quicker and easier for fintech partners to build […]

Hamza Abdul Rauf, Co-Founder and Director of Telemart shares his insights on current trends of E-Commerce industry in Pakistan.