Tag Archives: Digital Financial Services in Pakistan

NIFT Signs Agreement with Bank Alfalah for Digital Financial Services

NIFT Signs Agreement with Bank Alfalah for Digital Financial Services

In an effort to promote Digital Financial Services (DFS) in Pakistan, National Institutional Facilitation Technologies (NIFT), an existing Payment System Operator/Provider (PSO/PSP) offering nation-wide cheque clearing services, has signed an agreement with Bank Alfalah, one of Pakistan’s leading and progressive banks, to facilitate settlement services for mobile/electronic commerce payments (Digital …

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Reasons why Pakistan needs a Regulatory Sandbox

All around the world, Financial Technology firms or Fintechs are now transforming the financial industry. Financial Technology Partners, an investment bank which has a special focus on FinTechs, has revealed that FinTechs around the world raised a whopping $36 billion in 2016 out of which 38% was raised in the …

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JazzCash Mobile Account now comes with Visa Debit Card

JazzCash, the number one Mobile Account provider in Pakistan, has launched Visa Debit Cards for its Mobile Account customers. JazzCash Visa Debit Card will be linked to customer’s Mobile Account and will bring convenience to millions of JazzCash Mobile Account customers by enabling them to make purchases at more than …

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Tameer Microfinance Bank is now Telenor Microfinance Bank

New Name Reflects Company’s Unification to a Global Brand  KARACHI , MARCH , 2017 : After about a year of its 100% aquisition by Telenor Group , Tameer Microfinance Bank has been rebranded as Telenor Microfinance Bank . The Bank , established in 2005 , is best known for its …

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JazzCash doubles its Active Mobile Accounts to 2 Million

Islamabad – 22 March, 2017: JazzCash has announced that its monthly active mobile account customers have crossed the 2 million mark. The mobile financial service provider has been able to add another million active mobile accounts in just the space of six months. Aniqa Afzal Sandhu, Chief Digital & Financial …

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JazzCash & Karandaaz Enter into a Strategic Partnership for Digital Financial Inclusion

Islamabad -November01, 2016: JazzCash and Karandaaz have entered into a strategic alliance to enhance access of digital financial services in Pakistan. To form this alliance a signing ceremony was held between Aniqa Afzal Sandhu, VP Digital & Mobile Financial Services – Mobilink and Ali Sarfraz Hussain, CEO – Karandaaz Pakistan. …

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Warid & Bank Alfalah all set to build the National Payment Ecosystem with National Bank of Pakistan

Warid & Bank Alfalah ink Agreement with National Bank of Pakistan for the Collaboration in building the National Payment Ecosystem Lahore, September 04, 2015: Warid Telecom and Bank Alfalah Limited (BAFL) signed an agreement with National Bank of Pakistan (NBP) in order to jointly develop the digital financial ecosystem in …

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