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 […]

  PayFast brings the ultimate and innovative solution to address the pain points of the digital payments industry of Pakistan.  Pakistan has over 80 million 3g / 4g subscribers, and the huge potential of eCommerce, the market value is estimated at USD 2 billion with a remarkable average yearly growth of 58%. COVID has evidently […]

1. How do you imagine the financial sector post-COVID-19? Covid-19 is an unprecedented event. The Pakistani economy will most likely sustain Rs2 trillion to Rs2.5 trillion losses in just three months, which will lead to an expected 18.5m jobless in Pakistan, and there will definitely be effects seen in the financial sector due to these […]

PayFast and the Bank of Punjab (BOP) have joined hands to promote the growth of Pakistan’s digital payments industry in line with the government’s Digital Pakistan vision. Under the partnership, PayFast will use its payment gateway to enable BoP account holders to conduct e-commerce transactions easily by entering their bank account numbers. Simultaneously, they are […]

  Adnan Ali, Chief Executive Officer at apps shares the journey of creating a disruptive platform for payments in Pakistan and discusses the vision for future initiatives.