Mobilink Microfinance Bank Ltd. (MMBL), the largest digital bank in Pakistan, is celebrating 10 years of successful banking operations. With a focus on promoting financial inclusion across the country, MMBL is currently operating with over 100 branches across Pakistan and is serving over 39 million customers including 15 million+ monthly active mobile wallets. Since its […]

Mashreq Bank and Mastercard have partnered to announce the launch of Tap On Phone, their new offering for Small and Medium Businesses (SMEs). The innovation, rolled out with the support of and enabled via Mastercard’s Payment Gateway Technology, is part of a wider omnichannel SME in a Box service launched earlier this year in the Middle East & […]

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. […]

Al Baraka Pakistan has paired with Pakistan’s prominent fintech, Avanza Premier Payment Services (APPS), to allow its customers to pay online via their bank accounts through APPS’ indigenous 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. […]

Pakistan’s leading digital payments app, Easypaisa has partnered with the fastest growing fintech, PayFast, in pursuit of disrupting digital payments. Easypaisa wallet users can now pay online using PayFast’s indigenous payment gateway. Approved for Pilot Operations by the State Bank of Pakistan (SBP), PayFast empowers multi-instrument acceptance of Scheme Cards, Mobile Wallets, and Bank Account […]

The MENA region is home to the world’s most active gaming community. At 25 percent year-on-year growth, it is the fastest growing online gaming population in the world and will reach US$ 6 billion in revenues in 2021 as now more than 50% of smartphone users play games on their mobile devices. Until now millions […]

Easypaisa, Pakistan’s leading digital financial services platform, is now enabling 7 million Sui Northern Gas Pipeline Limited (SNGPL) customers to pay their monthly dues directly through the SNGPL App using their Easypaisa mobile account or through 150,000 Easypaisa agents across Pakistan. Easypaisa is the exclusive payment platform for one of the biggest utility companies in […]

J.P. Morgan will support Marqeta’s unique card tokenization capabilities for its virtual card program. This will integrate with J.P. Morgan’s existing systems and enable instant issuance of virtual cards into mobile wallets for J.P. Morgan’s Commercial Card clients. Instant tokenization into mobile wallets promises to change how these cards are issued. More than one billion […]

Special Communications Organization (SCO) has joined hands with Bank Alfalah for the provision of Interoperable Mobile Financial Services (MFS) in Azad Jammu & Kashmir (AJ&K) and Gilgit-Baltistan (GB). In this regard, a contract signing ceremony was held between the two organizations on Thursday, July 16th, 2020. This collaboration is a step forward to jointly create […]

Commercial Bank of Dubai, one of the leading national banks in the UAE, and global cross-border payment provider Thunes announced a partnership that will facilitate real-time cross-border transaction flows between the UAE and the rest of the world. Through this partnership with Thunes, the Commercial Bank of Dubai will be able to cater to corridors such as India, Philippines, Pakistan, and Bangladesh providing customers […]