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Bank Alfalah & PayFast Collaborate to Disrupt Online Payments

Bank Alfalah and PayFast have joined hands to enable MasterCard Payment Gateway Services (MPGS) on PayFast’s payment gateway with the objective of transforming the financial services sector in Pakistan. The partnership will make PayFast the only payment gateway solution in Pakistan to offer multiple financial instrument acceptance i.e. bank accounts, mobile wallets and scheme cards […]

PayFast Welcomes Adnan Ansari as Chief Business Officer

PayFast has announced seasoned Payment System expert Adnan Ansari has joined as Chief Business Officer, effective April 2020. Adnan’s experience and background will play a catalyst role in achieving PayFast’s vision to take Pakistan’s economy towards a cashless journey. Adnan Ansari is a veteran in the Digital and Financial industry with almost two decades of […]

PayFast and Bank of Punjab Collaborate to Disrupt Digital Payments

With over 76 million internet subscribers in the country, the government’s keen interest for a digital Pakistan, the emergence of PSO/PSP, EMI regulations, and Micro Payment Gateway Initiative, it is evident that Pakistan is ripe for e-commerce and m-commerce transactions. In line with this, PayFast and Bank of Punjab (BOP) have partnered with the aim […]

The Potential of the Digital Payment Market for your Enterprise

Although cash is still an important factor when making purchases, the prospect of digital payment gateways replacing this antiquated mode has become a recurring theme for years. The value of total digital transactions is expected to clock in at $10 trillion by 2026. It is therefore no coincidence that many enterprises are adopting this method.  […]

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