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 […]

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 […]

Digital lending fintech FASTA has partnered with Mastercard to launch South Africa’s first virtual Mastercard credit card, FASTACard. FASTA is a digital finance business offering its customers access to credit via a secure virtual card, enabling them to pay for a wide range of goods, services such as airtime and data, as well as bills. Backed […]

Singtel’s Dash launches an insurance savings plan,’Dash EasyEarn’ to help the users to grow their savings. This insurance savings solution is offered exclusively through Singtel’s Dash app and underwritten by Etiqa Insurance. “Dash EasyEarn” adds financial services to the existing Dash mobile app, which currently provides payments, mobile data top-ups, e-commerce, lifestyle, and remittance services. […]

“The new players will be tested now on their robustness and their ability to continue to be the innovators in the industry. It’s a challenge for them but with the silver lining of the opportunity when truly innovative digital services can now be offered”, expressed financial service industry expert from Europe, Middle East and Africa, […]

“We are witnessing a rising demand for online shops and e-commerce internationally but in Pakistan as well”, said Idrees Butt, Founder & CEO at RLTSquare, during an exclusive Q&A session with our Editor in Chief and shared his insights on the impact of COVID-19 outbreak on the overall economy and e-Commerce landscape in Pakistan. 1. […]

“This is a wakeup call for the insurance industry in Pakistan and opportunity to increase penetration using technology”, commented Sibtain Jiwani, Chief Executive Officer at Smartchoice.pk, during an exclusive Q&A session with our Editor in Chief and shared his insights on the impact of COVID-19 outbreak on the overall insurance industry landscape in Pakistan. 1. […]

“Customer behaviour has definitely been altered, and while there will be a resurgence of physical interaction, we believe that there’s been a permanent shift in the acceptance of e-commerce”, commented Mohammad Ali Yusuf (Mo), Vice President, Checkout.com – UK, while representing his organisation during an exclusive Q&A interview session with Daily NewsPK on the impact […]

The State Bank of Pakistan (SBP) has opened up its subsidized Temporary Economic Relief Facility (TERF)  for Balancing, Modernization and Replacement (BMR), and expansion of existing projects. This measure has been taken to provide further stimulus to the economy in the context of COVID‐19’s impact on the economy, to support investment in the country for […]

  Chairman, National Clearing Company of Pakistan Limited (NCCPL), Humayun Bashir shares his point of view on mergers and acquisitions landscape in Pakistan