Our Story
Avanza Premier Payment Services (Pvt.) Limited (APPS) is a company formed by the joint venture of Avanza Solutions and Premier Systems. APPS is registered with the Securities and Exchange Commission of Pakistan and has been incorporated under the Companies Ordinance 1984. APPS currently holds the in-principle license to operate as a Payment System Operator/Payment System Provider from the State Bank of Pakistan under the PSO/PSP regulation, 2014. Payment System Operators act as a bridge between consumers, merchants, and financial institutions.
Avanza Solutions
Avanza Solutions is a global software solutions provider specializing in e-Business and e-Banking solutions, Enterprise Application Services, Infrastructure Management, and Quality Services.
Avanza serves clients worldwide, through a cross-section of industries, with specific concentration in the banking, financial, and government sectors. Our business philosophy is founded on the importance of relationships and a persistent search for greater accomplishments.
Premier Systems
Founded in 1993, Premier Systems (Pvt.) Limited, is one of the leading veteran ICT infrastructure providers in Pakistan. Our claim to fame is not merely system integration, but we are also constantly configuring innovative ICT solutions to address a broad spectrum of our clients' needs from network convergence, five SS cloud computing, failover plan, and power system audit and solutions to break-fix and managed services
Premier Systems also represents the world’s leading automotive brand, Audi, in Pakistan.
Vision
To be the reliable and innovative partner in the payment industry be delivering high-quality services to our valued customers, contributing towards connecting potential stakeholders in a single platform, promoting growth of digital payments and making society go cashless.
Mission
To establish a digital ecosystem between all potential digital market players through the delivery of innovative and secure payment solutions to onboard them on a digital platform, supported by a strong commitment to exceeding the expectations of our customers and partners.
Our History
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2015 Inauguration
Avanza Solutions and Premier Systems form a Joint Venture
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Formation
Avanza Premier Payment Services (APPS) is formed to enable e-commerce, m-commerce and digital invoicing
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2018 Launch
APPS launches Payfast, Instant Bill and SmartConnect services with no integration or monthly costs
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In-principle Approval
In-principle approval from State Bank of Pakistan for necessary accreditation to provide digital services.
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2019 Partner Network
APPS partners with over 10 banks and 100 merchants to its various services
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TPSP of UPI
APPS registered as Third Party Service Provider of Union Pay International
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2020 Pilot Approval
Received Pilot Approval from the State Bank of Pakistan
Key Facts
Board of Directors
Mr. Syed Arshad Raza
Mr. Mahmood Sikandar Kapurwala
Mr. Shah Arshad Abrar
Incorporation Number
0096241
Authorized Capital
SBP In Principle Number Approval
PSD.PR-03(x)012033/2018