Infrastructure
Standard Bank, Mastercard and Google collaborate to help SMEs open their digital doors and reach more customers. Under this joint venture, SMEs can get free access to Standard Bank’s SimplyBlu, an all-in-one e-commerce solution powered by Mastercard Payment Gateway Services, plus free Google Ads to the value of R500. With Google Ads, SMEs can get […]
First Women’s Bank has selected Fiserv to enable the bank’s launch in early 2021. The bank will leverage core processing and a full range of digital engagement technology from Fiserv to bring its unique mission and values to market. First Women’s Bank plans to leverage technology to serve a diverse national deposit and lending market. […]
Ternio has announced that it has joined Visa’s Fast Track program as a cryptocurrency focused enablement partner. Joining Visa’s Fast Track program, Ternio will be able to make it quicker and easier for fintechs to leverage Visa’s global payments network and introduce new crypto-friendly payment experiences. Ternio will help fintechs accelerate the growth of digital payments […]
The fintech company, Avanza Premier Payment Services (APPS), has partnered with one of Pakistan’s leading e-commerce marketplaces, Telemart, to enable its customers to pay online with APPS’ robust payment gateway, PayFast. Approved for Pilot Operations by the State Bank of Pakistan (SBP), PayFast empowers multi-instrument acceptance of Scheme Cards, Mobile Wallets, and Bank Account Numbers. […]
Taking a major stride towards its mission of accelerating digital inclusion in the underserved areas of Pakistan, the country’s leading provider of cellular and digital services, Zong 4G, has won a USF project to power some areas of rural Balochistan with high-speed mobile broadband. The Universal Service Fund (USF) has awarded Zong with a contract […]
National Institutional Facilitation Technologies – Pakistan (NIFT) and Checkout.com sign a Memorandum of Understanding (MoU) for collaboration between both entities, bringing greater payment optionality to the Pakistan market. The agreement enables both organizations to provide payment services through each other’s infrastructure, pursue commercial opportunities as a partnership. This strives towards a borderless experience for business […]
Huawei, a leading global provider of information and communications technology (ICT) infrastructure and smart devices, will host this year’s SAMENA Council Leaders’ Summit for the seventh consecutive year. The 2020 event, which is organized by SAMENA Telecommunications Council, is set to take place on9th July, with leaders from multiple country clusters to participate virtually. The […]
“We witnessed an encouraging shift towards digital payments over the past year. The use of e-wallets and mobile accounts grew by 8.2x year-on-year in March, while the use of bank cards and online banking increased by 1.9x each”, expressed, Ehsan Saya, Managing Director at Daraz (Alibaba Group), during an exclusive Q&A session with our […]
“The banking industry will see lasting behavioral changes”, expressed Basir Shamsie, President and CEO at JS Bank, during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 outbreak on the overall economic landscape in Pakistan, also he shared his valuable insights on the shifting dynamics of the financial and banking […]
“The adoption of digitization will surely accelerate and how quickly Pakistan can adapt to it will determine how quickly we can see our economy bouncing back”, commented Zeeshan Hasib Baig, Country General Manager – Pakistan at Careem, during an exclusive Q&A session with our Editor in Chief on the impact of COVID-19 outbreak on the […]