A new partnership between global branded payments provider, Blackhawk Network, and leading global retail bank, payments, and shopping service, Klarna, will extend the ability for consumers to use Klarna’s interest-free alternative payment solutions at a variety of physical retail locations. As consumers expect increased flexibility in the way they shop and pay throughout their everyday […]

HBL Microfinance Bank (HBL MFB) has partnered with Habib Bank Limited (HBL) to further strengthen Home Remittance disbursements in Pakistan and allow HBL Microfinance Bank customers to receive money in digital wallets and accounts across Pakistan. Commenting on the development, Faisal Lalani, Head of International Banking at HBL, said, “We are excited to partner with […]

Mastercard has announced a strategic partnership with LMK Resources Pakistan (Private) Limited (LMKR) to oversee the deployment of the country’s first open-loop transit payment solution. The collaboration will enable commuters to top-up and pay for their transit fares simply by using their debit and credit cards or digital wallets, eliminating the need to buy separate […]

PayPal Holdings, Inc. announced the launch of Checkout with Crypto, a new feature that significantly expands the utility of cryptocurrency. Available at millions of global online businesses and continuing to expand over the coming months, PayPal customers with cryptocurrency holdings in the U.S. will be able to choose to check out with crypto seamlessly within […]

JazzCash, Pakistan’s leading fintech, has collaborated with Haball, a supplier payment digitization company as its partner to help in digitizing supply chain payments. With this partnership, JazzCash and Haball aim to empower retailers and suppliers to transition from manual cash handling to digital payments, boosting the supply chain efficiency as a result. This partnership strives […]

PayPro, one of Pakistan’s fastest-growing fintech companies which focuses on B2B and B2C payments, was awarded a PKR 7.473 million Innovation Grant by the USAID Small and Medium Enterprise Activity (SMEA) to digitize the MSMEs (Micro, Small and Medium-sized Enterprises) who’re looking to collect payments through digital channels. The grant will allow PayPro to invigorate […]

Mobilink Microfinance Bank Limited (MMBL), Pakistan’s largest digital bank with over 20 million registered and 8 million active digital wallets, has appointed Mohammed Ali Ibrahim as Vice President Corporate Communications effective from 11 December 2020. Under this role, Ali will be reporting to MMBL’s Chief Human Resources Officer Samiha Ali Zahid. Ali has over 15 […]

IDEMIA, the global leader in augmented identity, has expanded its footprint in the Middle East through the acquisition of Saudi Arabia’s most prominent card personalization bureau. Strengthened by PCARD’s capabilities, IDEMIA will offer an expanded range of world-class card payment services and solutions to the Kingdom’s banking and payment ecosystem. International Smart Card Factory Company, […]

The e-commerce and digital payment industries in the Middle East & North Africa, Pakistan (MENAP) region are set for major growth in 2021, with nearly half of consumers likely to increase their online shopping over the next year, according to a report released today by Checkout.com, a leading global payment solution provider. The Connected Payments […]

National Institutional Facilitation Technologies (NiFT), one of the largest payment processors in Pakistan, for strengthening the controls on its digital commerce payments under the brand name ‘NiFT ePay’, entered into an agreement with Dun & Bradstreet Pakistan (D&B), the world’s leading source of business information and insights. Under the agreement, D&B will perform Business Verification of […]