Bank Alfalah has announced the launch of the Alfa Virtual Debit Card in collaboration with Mastercard in an endeavor to bring the bank closer to customers in the times of social distancing. The virtual card eliminates the need to visit a branch, present any physical documentation or in-person interaction to the application as customer verification […]

The fintech company, Avanza Premier Payment Services (APPS), has partnered with one of Pakistan’s leading e-commerce marketplaces, Telemart, to enable its customers to pay online with APPS’ robust payment gateway, PayFast. Approved for Pilot Operations by the State Bank of Pakistan (SBP), PayFast empowers multi-instrument acceptance of Scheme Cards, Mobile Wallets, and Bank Account Numbers. […]

First Abu Dhabi Bank has partnered with Aldar’s real estate management firm, Provis, to provide consumer card payments for real estate customers. The partnership will  provide best-in-class cards payment acceptance services to all rental customers within Aldar owned properties. Hana Al Rostamani, Deputy Group CEO and Head of Personal Banking at FAB, said: “The coming […]

Mohsin Ahmed, CEO at Pakistan Microfinance Network (PMN), shares strategies to overcome low financial inclusion in Pakistan and how they are supporting members to promote innovation and entrepreneurship. Ahmed while discussing the affects to recent pandemic on Pakistani economy says, “The bigger challenge on the macro front is to interact with the global economy as […]

Mastercard partners with Hero to create priceless possibilities for millions as they transform the digital payments and financial services landscape MENA. The solution will lead to superior consumer experience and financial security for consumers, riders and restaurants, spearheading growth of digital inclusion across the region and additionally drive operational efficiencies across Delivery Hero’s platforms. It […]

Cashfac and Sterling National Bank have announced a strategic agreement to expand Sterling’s Escrow account origination and servicing capabilities.  The partnership will deploy Cashfac’s Virtual Bank Technology platform, delivered remotely via the Cloud. Consistent with Sterling’s strategy of providing technology-enabled solutions to small and medium sized businesses, Cashfac’s VBT platform will allow Sterling to provide scalable […]

Icon Solutions has been selected by an Australian bank to review and industrialize its payments transformation strategy. Icon’s end-to-end payments advisory services will support this Australian bank in defining a future-focused IT roadmap to enable new customer experiences, increase agility and resilience, and reduce costs. “Transforming core architecture can be a daunting proposition,” says Tom […]

Pakistan’s leading digital payments app, Easypaisa has partnered with the fastest growing fintech, PayFast, in pursuit of disrupting digital payments. Easypaisa wallet users can now pay online using PayFast’s indigenous payment gateway. Approved for Pilot Operations by the State Bank of Pakistan (SBP), PayFast empowers multi-instrument acceptance of Scheme Cards, Mobile Wallets, and Bank Account […]

The latest innovation for faster and more flexible online shopping. Buy online and pick up your order to enjoy quick and convenient access to groceries. Carrefour, operated by Majid Al Futtaim in Pakistan is introducing Click and Collect, a new service that will give online shoppers added flexibility and convenience with their order. Carrefour online […]

Contactless payments platform EZ-Link and Malaysian e-wallet app Touch ‘n Go  has announced the launch of the Southeast Asia’s first dual-currency cross-border contactless smart card, called” EZ-Link x Touch ’n Go Motoring Card.” The card securely hosts two electronic purses – the EZ-Link purse in Singapore Dollars, and the Touch ‘n Go purse in Malaysian […]