PayFast, a fully licensed payment gateway, and United Bank Limited (UBL), one of Pakistan’s largest commercial banks, have entered into a strategic partnership to revolutionize the digital payments landscape in Pakistan. Under this partnership, UBL will serve as one of PayFast’s Partner banks. By partnering with UBL, PayFast aims to facilitate Pakistani businesses to easily […]

Nuvei Corporation, the Canadian fintech company, announces that it has been selected by inDrive, a global mobility solutions provider available across 47 countries, as its payments provider for payouts to its drivers in Latin America. Nuvei is enabling inDrive to offer a comprehensive range of payout options, including payments to cards and all relevant alternative […]

Mastercard has announced a collaboration with JazzCash, the largest digital wallet provider in Pakistan serving over 43 million accounts, to revolutionize digital payments by introducing affordable acceptance solutions in the country.   The partners are launching QR code payments, Pay by Link, and Tap on Phone solutions to facilitate cost-effective and widespread acceptance for merchants at […]

Mastercard, a leading global technology company in the payments industry, recently announced its partnership with SomBank, one of the innovative financial institutions in Somalia. The purpose of the partnership is to promote the adoption of digital payment solutions in the country, bringing more Somalis into the digital fold. The partnership allows SomBank to issue and […]

Mastercard is partnering with Bankiom, a UAE-based lifestyle banking app, to introduce digital payment cards across the UAE, Saudi Arabia, Bahrain, Kuwait, and Oman. This partnership marks a significant stride in Mastercard’s ongoing commitment to advancing digitalization in the payments landscape throughout the region. “As we move into a more digital world, building productive synergies […]

Mobilink Bank and Hashoo Foundation (HF) have signed a Memorandum of Understanding (MoU) to jointly enhance financial inclusion for Micro, Small, and Medium Enterprises (MSMEs). This collaboration strives to empower MSMEs supported and trained by Hashoo Foundation, fostering their entrepreneurial journey. Mobilink Bank, through this partnership, is committed to enabling the growth and success of […]

Mobilink Bank and Hashoo Foundation (HF) have signed a Memorandum of Understanding (MoU) to jointly enhance financial inclusion for Micro, Small, and Medium Enterprises (MSMEs). This collaboration strives to empower MSMEs supported and trained by Hashoo Foundation, fostering their entrepreneurial journey. Mobilink Bank, through this partnership, is committed to enabling the growth and success of […]

In line with its commitment to providing high-quality user journeys, UPaisa has introduced an innovative QR Code Scan feature on its digital app to bring unprecedented ease and convenience to its users. The innovative upgrade simplifies financial transactions and enhances the usability of financial technology for a larger section of the population. UPaisa is one […]

TerraPay, a leading global payments infrastructure company, today announces a strategic equity investment from Visa, a world leader in digital payments. In addition, the companies are collaborating to connect Visa solutions to the TerraPay network to help streamline digital cross-border commerce for consumers and SMBs. Visa Direct, which facilitates the delivery of funds directly to […]

Paymob, the leading financial services enabler in the Middle East, North Africa, and Pakistan (MENA-P), and Pakistan’s largest interbank network, 1LINK, have announced a partnership agreement to power instant online payouts for merchants registered with Paymob via 1LINK’s payment infrastructure, with Bank Alfalah Ltd. serving as its settlement bank. This partnership represents a unique and […]