Fave has announced a strategic partnership and investment from Pine Labs, a digital payments and merchant commerce platform. Under the terms of the partnership, Fave’s QR code will become integrated with Pine Lab’s terminals, enabling a seamless platform for digital payments and loyalty solutions in Southeast Asia. Fave’s Co-Founder and CEO, Joel Neoh, said, “The partnership […]

Pakistan Based, Electronic Money Institution, NayaPay & Visa, a global payments technology company, Partnered to Fast Track Digital Payments in Pakistan. NayaPay has joined the Visa Fintech Fast Track program, speeding up the payment company’s integration process with Visa and enabling NayaPay to leverage the reach, capabilities, and security of the Visa global payments network. […]

Naureen Hyat Co-Founder & Business Head from Tez Financial Services while in conversation with Daily NewsPK elaborated on how they are focusing on financial inclusion and providing basic financial services to the masses.  1. What led you to create ‘Tez Financial’? When was it founded? Over 150 Million people do not have access to financial […]

AMTD Digital has announced that it will acquire a controlling stake in QR payments provider FOMO Pay through its “fusion-in” program The programme involves a combination of share swap and cash for investment. This is AMTD Digital’s third controlling stake acquisition in Singapore’s fintech industry after the acquisitions of insurtech firm PolicyPal and CapBridge. FOMO […]

  PayFast brings the ultimate and innovative solution to address the pain points of the digital payments industry of Pakistan.  Pakistan has over 80 million 3g / 4g subscribers, and the huge potential of eCommerce, the market value is estimated at USD 2 billion with a remarkable average yearly growth of 58%. COVID has evidently […]

State Bank of Pakistan (SBP) grants pilot launch approval to Keenu (Wemsol Private Limited) to operate as Electronic Money Institution (EMI). This will allow the leading Pakistani payments brand to initiate the pilot phase of the E-Money Wallet for EMI Wallets and Internet Payment Gateway under the supervision of SBP. Keenu, a Pakistani Fintech launched […]

GrabPay announced today the introduction of instant fund transfers in the Philippines within its e-wallet. GrabPay users can now instantly cash into their GrabPay Wallet by directly transferring from their bank accounts or e-wallets GrabPay users can also transfer funds from their GrabPay Wallets to any bank account or e-wallet July. The introduction of this […]

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has recorded high levels of digital adoption across its retail and corporate banking services in the first half of 2020. Nearly 60% of ADIB’s retail customers have used digital channels, registering more than 2 million transactions every month as customers conduct a wide range of banking activities, […]

Stc pay and Visa entered into a strategic partnership. The partnership will involve the issuance of Visa payment credentials to millions of STC pay customers enabling them to use their stc pay digital wallet for contactless, scan-to-pay (QR-based), and eCommerce transactions and international remittances via STC pay digital wallet. The strategic partnership, involving a multi-year […]

Innovative as always, safe as always, relevant as always, particularly in today’s Post COVID-19 world. Commercial Bank has launched a first-ever digital product in the Qatari market, CB PAY for Merchants. CB PAY for Merchants enables customers to pay for goods and services without leaving their homes using just their mobile. It is a dedicated […]