Mastercard and fintech giant OPay today announced a strategic partnership, which marks a significant boost for wider financial inclusion and economic prosperity by opening up digital commerce to millions of people across Middle East and Africa. The collaboration enables OPay consumers and merchants in the region – including Algeria, Morocco, Egypt, Nigeria, Ethiopia, Kenya, Pakistan, […]

Pakistan’s leading eCommerce platform, Daraz recorded sales worth 66 crores in the first one hour of 11.11 making it the biggest sale of the year in the country. Sales surged as 43% of Pakistan’s digital population visited the platform over the last 30 days resulting in the platform’s userbase and orders growing up to 3.4X […]

Enhancing the e-commerce avenues, foodpanda, Pakistan’s leading delivery app, has partnered with Naheed to deliver groceries and essential items in Karachi via pandago, a rider on-demand service. A signing ceremony took place in Karachi to kick off this partnership. Raafay Munir, Head of New Verticals foodpanda, and Mohammad Fahad, Head of eCommerce Naheed and Munsub […]

JS Bank and NayaPay have signed an agreement to collaborate on enhancing digital payments in Pakistan. As a result, JS Bank and NayaPay’s mutual customers can link their JS Bank account or JCash wallet to their NayaPay wallet for convenient money transfers between accounts and for merchants to offload funds to their designated JS Bank […]

Mobilink Microfinance Bank Limited (MMBL) has been recognized as Pakistan’s largest microfinance bank in terms of growth in borrowers and savers during the first quarter of the financial year 2021. The latest issue of MicroWatch, a quarterly report on the country’s microfinance industry released by Pakistan Microfinance Network (PMN), reported that MMBL successfully increased its […]

Punjab Information Technology Board (PITB) and 1LINK (Pvt.) Limited have entered into an agreement to launch ‘Payzen’- bill aggregator. ‘Payzen’ follows e-Pay Punjab as the next logical step to promote fintech for the digitization of the economy. In this regard, a ceremony was held at PITB and the agreement was signed by DG PITB Faisal […]

First Abu Dhabi Bank (FAB) has signed an agreement with the Ministry of Human Resources and Emiratisation (MOHRE) to launch a unified payment solution for domestic workers.  This will help domestic workers to receive a salary in a transparent and cashless manner, earnings will be deposited directly on to their cards, which are fully integrated […]

MoneyGram partners with Digital Financial Services in order to help facilitate cross-border transfers involving digital wallets in the United Arab Emirates. Digital Financial Services is a partnership between Etisalat and Noor Bank, which was acquired earlier this year by the Dubai Islamic Bank. The partnership will enable eWallet users to make cross-border remittances to more than 200 countries […]

Boku, a leading global provider of mobile payment and mobile identity solutions, announced partnership with LINE Pay, one of Japan’s largest eWallet and QR code payment service providers.  LINE Pay customers in Japan will be able to pay for merchant digital goods and services through Boku’s platform. This agreement furthers the extensive depth of payment […]